318 stalls in Drive

That would solve the symptom but, give it bad street manners in my opinion. I did crank up the idle as an experiment. When put into drive around 950-1000 rpm , there is a loud thump noise, which can't be good for the trans. or diff. When put in Reverse, the thunk is much worse. I'm concerned the reverse band strut will break. The strut was broken when I got the truck. I think the previous owner put it in Reverse while the carb. was on the fast idle cam.
My brother has a car with an almost identical cam in his 340 (8.5:1 compression). Idles just fine. His 340 has a Carter AFB. I wonder what the flow capacity of the front 2 barrels of the AFB are compared to the BBD?
The problem with that Cam and everything is that you have it in a big old truck. If it was in the car it would be a little Pepe or a little more fun but that truck needs low torque to get it moving. That's why the cam suggestion more so than anything else I believe. It would actually work with what you have.