The problem of asking that question on this board is that all the V8 guys will say dump the \6 and do X, Y, and Z. Also it has been stated, in another post, that the only feasible upgrade to the \6 is a 440. So I guess the small block guys are just wasting their time.
There is no reason that a '74 Duster with a \6 can't run at 80mph all day long, of course the WSP may think otherwise. If you car only can only do 60mph, then you have an engine problem. I would start with a basic tune up and compression check. It the check passes then I would start with the following.
After the above, I would do an exhaust system upgrade. I would go with the biggest pipe size that you can afford. I ran 2 1/2" on our old Duster and was impressed with the results. It was one of the most cost effective upgrades that I did.
Next on the list would be a distributor recurve. You can find the springs and instructions on slantsix.org. Another excellent upgrade as the stock curve is crap.
Finally, find a SuperSix manifold and upgrade to a 2v system. I would not waste my time with a BBD.They are worn out and remanufactured ones are crap. I would go with a Autolite 2100 - 1.08 size or a new Holley 2300 - 350cfm.
Will not engine related, I would put a shift kit into the transmission. It does make a difference. After those mod's are done, you will have a nice responsive car that will do the 80mph and even get good gas mileage.
Those drum brakes were marginal 40 years ago and they haven't gotten any better. Do a disk brake, BBP upgrade. You will be happy with the results.