It's when the valve lift becomes really high (combined with extended high rpm) that you see problems with the 59* tappets. I use a .640 lift solid roller and i turn the motor 7800 - 8000 rpm with no problems on the local dirt track here in fairbanks.
And with a longer stroked motor you can build your motor around the cubic inches. With a good 410 - 416 - 418 you should be able to keep the rpms well under 7500 and make plenty of power.
And to the OP, comp cams have come out with a solid roller tappet set made specially for the new 340 replacement blocks.