The KB-107 @ zero deck and a .040 gasket will come in at (or right close to a) 9.8-1 ratio. A small cam can cause detonation issues. A thicker head gasket may have to be employed or skip the block decking to zero.
There is no way you can call the 340 cam an emissions cam. Stop it already. Really! Just stop telling lies. Stop whining about what was and the reasons behind it. It was what it was and that’s it.