First, partially fill the waterjackets with the likes of Hardblok, stop about an inch or two below the top deck. Second forget dual carbs/six pack/etc if your not planning on making this a full out race car. A tweaked 750 Vacuum sec, say reworked to give you over 800cfm, is pretty much ideal, and plop it on a Performer RPM manifold.
If you're starting with good heads, like Edelbrocks, or Mopar Performance aluminum, send them out for a 3 angle valve job, the bowls blended, porting, etc. This will make a world of difference.
Compression: I wouldn't go higher than 10:1 WITH aluminum heads. One lot of bad gas and you can kiss your motor goodbye. One of the things you may want to look into is having your combustion chambers, piston faces, and exhaust ports given a ceramic coating. More power, and you can use more compression. Not cheap. You also might want to look at "zero gap" rings from Childs and Albert - also not cheap, but with effectively zero blowby, it will get more life out of your motor. Also, depending on how much you have to spend, you might want to consider a preluber.
Cam: I can't stress this enough: DON'T GO NUTS. a short duration, high lift Hydro Roller is the way to go. Something like .230D @ .050 lift. CALL THE CAM COMPANIES! The good ones will all recommmend something similar to each other.
Remember, you said this is going to be a daily driver. That means you want something that idles, that does good part throttle, and doesn't sound like an AA/FD. You can reasonably expect 500-550HP on pump gas, and still idle. Beyond that, you're merely shifting the power band. Don't worry so much about HP, what you really want is torque.
