It would have rolled out of the factory with an Autolite/motorcraftt spreadbore 4300 if it is a 4 BBl
Holleys are different, not necessarily better, but different than edelbrocks.
The fuel pump has nothing to do with the carburetor you use unless you use an aftermarket pump that operates at higher pressures.
The larger Holley would give you the ability to burn more fuel and make more horsepower. It is a balancing act, the bigger the carb, the harder it is to get good throttle response, and good idle. If your engine is otherwise stiock you could handle a 650CFM or maybe a 700 CFM carb, but there isn't enough difference to justify it.
Holleys are great, but they do require more effort to set up and tune. Edelbrocks have metering rods that can be replaced with the carb on the engine, for fine tuning that is much easier, they have no power valves to blow out either. I run a holley, but I have run the Edelbrock (Which BTW is an old Carter AFB design which was used on lots of muscle cars including fords up til 1971.