Well, a few things I have learned dealing with my 81, the carb is a 750 cfm rochester quadrajet, the primarys happen to be computer controlled, the secondaries are just like the older ones. The CCC WILL keep up with a seriously modified motor
Dual Exhaust and hy flo cats are a minimum for ANY HP mods
Just about any heads out there make more HP that the stock units, Dart Iron Eagle, Pro Comp, AFR180, AFR195.....
There a whole list of cams to use, either flat tappet or roller
The stock 81 intake is the Edlebrock 2101, a pretty respectable unit
A 383 stroker might be fun, but it requires way more work that I personally think its worth. My recepie is: Comp Roller Cam kit, AFR180 heads, stock carb and dizzy, 2004r tranny I built to stage 2, stock gears, 2 1/2 duals, no cats Bourla Pro XS Mufflers.
I am in the middle of this, but I expect 350+ hp and a driveable well mannered car that will get 20+mpg (as long as I keep my foot out of it)
The problem as I see it with a 383 stroker, is that it is running out there on the edge of what the motor can do, requireing more attention to tuning than I want to do. When I get my car done I will have 2 yrs and $15K in it. I will want to drive it more than work on it at that point.
My Humble .02
Oh by the way, that $15k is a full on frame off resto mod, paint and body included