need the opinions of a few 340 guys

I'd use what you have - keep tabs on the chamber size and I'd upgrade to 2.02/1.60s. To help with chamber volume go with stock tulips. I personally want lower static with open chamber iron. I'd keep the chambers big and run a thicker (Victor stock types are a little thicker - around .053 - than Felpros IIRC). You have no quench so just build lower static and then put a street-type cam in it.