Well, I'm not sure what you are doing to the 308s. 400hp isnt hard to get from iron castings. But the edelbrocks flat out are a better head. (sorry CP
) But, seeing as you have them... You have them with 1.88 intake valves. I would stick in 2.02s. The exh port is much better than most J style heads, and a 1.6 or 1.625 will be fine. You will need the spring seats cut flat, and the guides trimmed down to run a decent cam. In keeping with the Engle line of thinking. I would spec a cam like this: Intake lobe use EP-49HYD (.509 lift, 238°@.050 lobe advanced 2°), exh K60HYD (.534 lift, 238°@.050), on a 110 lobe center. You will want a little more on the exh side, and the intake closing earlier will help the idle quality and mid range. With a solid performance valve job, basic bowl cleanup, and aiming for a a static ratio of 10.3:1 with flat tops and no quench, you'll get past 400 hp easy. Engle is a great deal too. You can order a full custom grind, with lifters, for $282.
edit: On the intake, the std dual plane M1 is a stock one from aluminum. Wasted money IMO. Use the std Performer, or modify the base plate to fit the RPM. It's not hard at all.