Thanks for all the replies. They are very helpful.
Reactivate the lockup sounds like the resounding winner, and it shouldn't be too bad. The fluid is new and gasket is rubber (not cork), so it should cost nothing but my time. I don't know if I need to drop the valve body or if there is room to work while it is installed, but either way it's a doable project. Just wish I hadn't fooled with it in the first place. Live and learn.
As for the cam, I don't think I want to tear into this motor. Based on your input, I know it will be the most work and it doesn't sound like anyone thinks it will give me big gains. To better explain the cam situation, I was experimenting and drilled out the alignment hole on the cam gear to shim the cam to a retarded position. This is inaccurate and I did no tests to confirm the real degree of the cam. The result is an engine with lots of grunt and an early end to the power band. Other factors surely play a role and I will continue learning as tools and experience come my way.
As for EGR while I know it's primary purpose is to reduce emissions, I also thought that filling some of the combution area with burnt gas would reduce the amount of fuel/air mixture used. I have heard before that this theory doesn't stack up, so it does not suprise me now that no one suggests I put time into it. I doubt I'll have time anyway.
I am not going to change the rear end ratio. It wouldn't be very hard since I've done it several times now, but I will want it the way it is when I put the new motor in, so it seems like double work for very little gain.
As for the carb, it's a super six, so switching to a smaller carb isn't an option. I don't have single barrel carbs around anymore. This is a v-8 version of the BBD and I'm pretty sure the jetting is far too rich based on the engines power and the golden brown spark plugs. Maybe I'll tear it open and put slant six jets and rods in? I've been meaning to do it for a while and I plan on staying super six with the new motor. I've alway suspected/known that the poor mileage was due in part to the jetting, but had never done much more than drop the metering rods way down for long trips. That low rod position seemed to create a very lean spot at light trottle and often forced me to put my foot into it to get enough power to hold cruise speed. I don't know why I don't feel like messing with the carb, but it's a very good suggestion and I would be foolish not to try.
Thanks again, it's very helpful to have feedback and it's not like I'm gonna get much response from my wife.
