I would do a Dart IE 408 stroker w/ Scat profiled 4340 forged steel crank, Scat 4340 H-beams w/ ARP 2000 rod bolt upgrade, Ross, CP, BME, Probe flat top pistons 9:1 comp, neutral balanced, rotating assembly good to 1000hp, block to to 2000hp. Over 1000hp go to billet steel crank and rods.
AFR 225, TFS Hi-Port Stage 3 heads, TFS R Stage 3 heads, Super victor intake converted to EFI, TFS R intake port matched, custom cam, Jesel shaft rockers.
Bennetracing.com has these 408W crate motors dyno tested at 575fwhp, 540fwtq, NA, 10.3:1 comp on pump gas daily driver. throw the turbo on there turn up the boost and ur close to 1000fwhp.
A good 331 stroker can put down 460/460 @ the flywheel NA on pump gas w/10:1 comp. u can see the difference in power output. It really depends on what u after.
I would also do a TKO 750 or 900 from modularmustangracing.com. They take a TKO 600 and deburr and cryo the gears. cost $1900/2100. good to 750 or 900fwtq. The owner of this shop was the first guy to go 8.99 and 154mph in a 5 speed Tremec, had a twin turbo on it.
An early model 1969W block can hold 900-1000fwhp. Still with ur power level this won't be strong enough and I would not even chance it. These blocks r good for NA motors but I would be weary doing a turbo. my friend is a 65 year old engine builder who has a 408 W that put down 650rwhp w/ 12lbs of boost. He stroked it to a 418W and now is going to nitrous, sonic checked that 69 block and it was fine. I don't like living on the edge. I went to a SVO R302 block and billet steel rotating assembly and never have to worry about it splitting or a crank/rod giving way.