I may have messed up here.....

Yeah, figure out the Compression ratio first... At 11:1 with that cam installed in the factory position (5 degrees advanced) dynamic compression should be about 8.4:1 and about 220 PSI, too high really for pump gas. IF you back it down and install it straight up you will be down to 8:1 dynamic and 200 PSI. This is still a bit on the edge, the tune will have to be really good. it should idle with 19" of vacuum though so nice and smooth. I was kind of in the same boat with my build (383 though, I had bought the one smaller cam). I ended up ordering a custom cam that should work better and still have the desired running characteristics I wanted, smooth, stock like idle and more power than stock. I ordered mine form Jones Cams.

Garth

PS the Jenson is super cool BTW...

Garth,
This is the sort of tech that I struggle with! What’s the effect of having the cam straight up instead of advanced in the way the car will drive? Is this a way of ‘bleeding off’ compression as was mentioned to me by an engine builder over here? Your 383 was fitted to the mk2 interceptors and reckoned to be the engine to have!

The Jensen is bloody cool, but it tries my patience! Handbuilt cars......