Mark, just kind of noodling around right now.
There are some decent options available for the 1500, but it isn't the cheapest LBC engine to build. APT has a couple of pretty nice cams available, but one word of caution. Don't try to go cheap on the lifters!!! There are some real losers out there, and they'll destroy a new cam in a matter of seconds. I'm sure you're aware of that, as it's been mentioned here by many, including Hap and myself.
Knock about .080" from the head, balance the chambers, and that will help. Why only go .020" on the bore? 40 over won't cost any more for the machine work or pistons.
You can change over to the dual row timing chain for reliability. The TR6 chain and gearset fit, you just have to replace the tensioner with the wider version.
The 1500 has fairly decent ports as stock, but a little cleanup may be in order. I've found a lot of speed bumps in the port castings, that are easily removed. Gasket matching never hurts, either.
I'm a firm believer in ARP hardware throughout, particularlly on the rod bolts. That's a weak link on the diagonally split rods, and I have a stack of buckshotted oil pans to prove it. /bcforum/images/%%GRAEMLIN_URL%%/grin.gif
A set of HS4's should wake it up!
Good luck.
Jeff