Then you don't want that cam, because it has a lot of overlap (nearly 90 degrees) and likes locked out timing. OK for a hot weekender, but maybe not so much for "decent street motor I can start up warm up and drive pretty easily but still be quick... ". I would talk to the FAST people about it. Big cam, big heads, big single plane intake - EFI will not make it idle like a stocker. EFI will help, but it can't do everything.
FWIW - You lose a lot of efficiency by not using the piston to set the compression and putting the quench area close to the head. 20~30HP can be easy left on the table. If you run stock pistons, then you run stock pistons - not a lot of choice there. Using some guesses from past experience - .016 deck, 3 cc flat top volume, standard FelPro gasket, 67cc chambers on uncut heads - that's right about 10:1.
I would shoot for 9.5~10:1 and look at a hydro roller or a 230/23x something hydro flat for a daily. I would build for 91 octane. I liked 93 and it is now all gone from here. You could get it in the 12s without much effort, but your street suspension is going to screw with your 60' times and that kills ET.
1967 Falcon 4 door 351C-4V
1970 Mustang 351C-2V
Owner built, owner abused.