Mild 416 Stroker

Two things come to mind, Don't worry about how low it will idle, if its a non roller cam you would be better off in the 850 to 950rpm range to keep oil splash going on the cam, and also i bet you would pick up more than a few HP by just milling the divider down on the LD340.
And he didn't spend no $7,500. Done it for half the price!!!!!!!!