Nice to see you had some success with the stock system. Here is my setup when dyno'd and results were 132 rwhp. The block is tired though. (compression isn't great)
1. ported exhaust manifolds and ported heads w/1.6 roller tip rockers
2. re-worked crossover into 2.5" pipe with no restrictions
3. 2.5" mandrell bent exhaust, no CAT, Magnaflow muffler
4. MSD ignition and coil
5. Vacuum advance distributor (tunable)
6. Edelbrock dual plane intake - Torker II
7. Holley 390 cfm carb (spring kits to fine tune) - #512 jets
8. Moroso 14" racing air cleaner (really high flow)
9. Mallory racing bypass regulator (60 psi handling, down to 3 psi)
10. New 3/8" fuel lines and new filter
11. 8mm Taylor wires
12 AC delco sparks
I have a fresh engine waiting with an Offenhauser intake and Cloyes timing set with Full 1.6 roller rockers, Crane 2030 cam, and true duals with long tube custom headers. It will add some more, probably headed for 175 hp at the crank and 155-160 rwhp.
Arn
------------------