Aren't these rated around 350 hp with a carb? If so, you're 340 probably did perform about the same. Unfortunately, it seems that the whole computer control thing is necessary for modern day Vettes, Camaros, etc. to run like they do with 'relatively' small motors. Both cars small blocks put out more hp then most/all big blocks did back in the day. Maybe not torque though since that seems to favor large cubic inches. Good luck with yours, I'd love to see some pics.
Later, Jim