Another 318 set up

Why would you kill the engine with a 500 CFM carb and those small valves?

It appears that in your mind you think that’s going to make a bunch of torque (it doesn’t) and that torque moves the car (it doesn’t).

I’d rethink your philosophy.

And anything under a 3k converter is a waste of money.
If torque doesn't doesn't move the car then what does? Almost every performance book says that torque is important for the street as torque gets the car moving and horsepower keeps it there. What size carb and valve's would you go with? I'm probably missing something here but when I looked up cam and converter they recommended nothing more than 2800 for the cam duration at 0.050 that I listed.