I know a 2 bbl and 3.00 gears won't feel too powerful off the line. Would a performer intake with a 1406 make a significant difference? Or will most bolt ons not really make much of a difference with 3.00 gears?
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With everything properly tuned and running as optimally as possible, there would be a noticeable increase in power between the 1406/Performer and the 2bbl/2V intake - not a huge increase, but definitely noticeable. The 3.00 gears are indeed a limiting factor, since they're designed more for cruising, economy, etc.
I have a 1406/Performer intake on my 351C-2V with the stock heads (mildly worked over by my machine shop, though), and it runs great. Lots of power - arguably more than what would've come from the factory, but then again I already have all the go-fast goodies built into it (since it was seized when I got it). I also have 3.00 rear gears, but I can't say I'm completely disappointed in those, either. I do think the AOD is locking up the torque converter into OD too early at such low rpms, which could be remedied with 3.50 gears (and would make the low-end more fun). But the '89 5.0 vert my AOD came out of had 2.75 rear gears, after all. So, I'm kind of on the fence about what to do about that (a quick blip of the throttle unlocks and drops it back to 'D' with no issues, but that's not going to cut it as a long-term Band-Aid).
In your case, I'd have to say that you can't fix fundamental issues by simply bolting on a bigger funnel for more gas to be dumped in. You need to determine if your issues are fuel starvation issues, flooding, or something else altogether. If they're fuel starvation issues, then sure - the new carb & intake should have an impact on that. If it's flooding, then the new carb & intake would only make it worse.
I'm thinking it's something fundamental (timing-, compression-, or induction-related). You mentioned needing to go with a solid-state ignition system - I'd go with that first. Start with basics.
- Get a compression test done
- upgrade to solid state ignition (Pertronix, MSD, Duraspark, take your pick)
- ensure you have no vacuum leaks and/or fouled plugs
- check the cap, rotor, spark plug & coil wires
- get the timing stabilized and set properly
- get your throttle linkage issues sorted out
- Exhaust leaks taken care of
If the engine's running well, then consider a set of 3.50s for the rear end. Any numbers much bigger, and you'll start losing top end and any hope of fuel economy is out the window.
Once you get those things sorted out, then worry about carb, intake, heads, cam, rockers, headers, etc.
I'm just thinking along the lines of simply things to start with, because it's a lot easier to find ways to make more power if you're not troubleshooting while doing so.