500+ci Builder

It a pretty basic set up an eddy topped 505 short block and it produces the HP and Torque numbers you were looking for anything less will not.

I think you want to build more like the 408 stroker I was thinking of doing, just buy a cast crank and pistons with stock pocket ported heads, 9:1 CR and like a 268 cam for a 350 + hp torquer for my 5th Ave.

I imagine you could do that kind of thing with a 505 but it's gonna be a 450hp and 550 lbs ft engine but would make a nice daily driver engine.
I'm assuming when you say "Basic Setup" you are referring to no ported heads no wild cam lifts or duration, no special intake or carburation etc?