Other companies make emission certified cams, for example CompCams. Basically, for emissions you need to minimize overlap and duration. A general rule is that cams with 220 degress or less intake duration at 0.050 inch lift will work for emisions. This is exactly the specification for the E303 cam, all the other Ford choices have a longer intake duration.
With heads that flow well at high lifts, you can get power by increasing lift; otherwise it is necessary to increase duration (which runs into the emissions problem). But an option is a dual pattern cam with a higher exhaust than intake duration. This is especialy helpful on stock or near stock heads where the exhaust is noticably more restricted than the intake. To avoid too much overlap from the longer exhaust duration, go for a cam with a larger lobe separation. Another advantage of such a cam is that it puts more of the power (and torque) at the low end, which is an advantage with the stock intake system that does not supply enough air for high RPM power anyway. Cams such as this are typically made for supercharger applications, but also work well on a stock engine.
Flow in the stock cast iron heads does not increase above about 0.49 inches, so high lift dosn't help (and will also cause spring binding unless modificatons are made). The E303 cam has a relatively low lift and so is suited for the iron heads, but higher lift cams a better choice for aftermarket heads. Another option with aftermarket heads is simply changing to 1.7 ratio rockers, this increases both lift and effective duration (measured at 0.050 inch lift) without changing the cam.