Update on the Cadillac. I finally took the cylinder heads, water pump, distributor and front cover off. I do need to put my wheel puller on the crank to take off the crank snout flange. I see no strange wear marks in the cylinder bores and the cross hatch looks to be in good shape. I'm going to spin the engine over in the stand and check the main bearings. If they're good, I may not even bother replacing them. If I do a balance, I'll have to put in new bearings and that will require a resize as the crank will no doubt be polished.
I'm noodling over putting Chevy 454 valves as they are slightly larger and I can get them for cheaper than Caddy 500 valves. I plan on ordering all new valve springs, seals and keepers of course as the stock valve springs can't handle the pressures generated by slightly hotter than stock camshaft grinds. The book "Big Inch Cadillac" has been a great help. I'm looking at about 550 foot pounds of torque at 2800rpm even with this lower compression. I'm in no huge hurry to rebuild this engine so it's going to be done right the first time. I found an RV type pattern camshaft that will generate lots of low end torque and I have a GM3 torque converter lined up for the TH400 if I don't already have that converter in the trans already. With this much grunt, I may also replace the 3.73s in the diffs with a higher ratio to keep from over revving the engine at high way speeds.