get me in the 11's

My changes would be ditch the Air Gap and go M1 with a 1" open spacer. The static compression IMO should be higher. I'd bring the pistons .010" proud (above deck), and mill the RPMs down to 60cc. That brings static to 11.3 with no extra work beyong the head milling. The MP cam is a dinosaur, I'd run something closer to the Comp XTQ290S-6 solid or maybe something custom from Engle. With those changes, you'll have enough power to reach low 11s, but you still need to stick it. That's some of the reason behind me using a large cam in it. It will be gentler on the tires. The 750 Demon is fine. Cal Tracs are not real good on stick cars because they unload every time you shift. But any suspension will need to be dialed in.
How will that comp ratio work with pump gas? I assume you're talking about an M1 single plane - How do the single plane manifolds run on the street? And lastly, are you recommending use the heads right out of the box, or are you assuming head work (other than the milling).