What ever the actual final compression ratio is, it will work fine with the iron heads despite the descent you'll get regarding the combo. I ran a 3100 block with iron heads and the dished pistons turbocharged for about 6 years in my 86 SE 4 speed and it ran fine as well as managed 25+ mpg hwy with the tall muncie gears and low compression suggesting it would have been real nice economy wise with the 5 speed and stock level compression.
Be mindful that only the later design timing cover from the Fiero will work with the aluminum oil pan.
Here is a picture of the motor after it was removed, I also adapted the roller rockers from the 3100 to the iron heads.
https://www.fiero.nl/forum/F...2/HTML/084972-2.html[This message has been edited by Joseph Upson (edited 03-23-2013).]