Each combo is different - you'll have to measure p to v clearance on yours to know what you've got and what you can get away with. I've helped a buddy with his combo - ported e7 heads, stock size valves, and 86 flat tops. There was no clearance at all on the intake, and insufficient clearance on the exhaust with a TFS stage II cam. With the stock later pistons with reliefs, he thinks he'll be ok.
Peak lift is a non-issue - you can run as much lift as your springs/valve train will handle (although those stock heads won't be able to use much more than .500"). At peak valve lift, the pistons are way down the cylinder - so peak lift has no clearance impact. Duration, overlap and LSA are the issue from the cam's perspective. As duration increases, overlap increases, and/or LSA decreases, during overlap the intake valve opens earlier and the exhaust valve opens later (as the piston's passing through tdc) - that's what reduces clearance.
So, if you don't want to replace or cut the pistons, then look for cams with closer to stock duration and greater than stock lift. And as others said, the speed density system is based on manifold vacuum, and any cam that is aggressive enough to significantly impact idle vacuum levels is gonna give the speed density system fits.