You have the vanilla flavored 5.0.
2FA is the FORD Motor Company World Manufacturer I.D. (In this case FORD Motor Company of Canada)
B is active seat belts
P is passenger car
79 is Series Code (80/ LTD Contry Squire-LX)
F is the Engine Code (80/ 302 5.0L CFI/EFI) E is for the H.O.
4 is a check digit (unimportant)
K is the assembly year (1989)
X is the assembly plant (St. Thomas)
168089 is the scheduled sequence of assembly
The other tag is the Emissions Tag and only identifies the engine and how it was assembled compliant to emission law.
You will have cast pistons.
If you are thinking of supercharging later, you will want low compression forged pistons (aftermarket). It will be a roller block, but most likely assembled with flat tappets. The heads are different as well as the intake manifold(s). Of course, cam timing is different.
You have a good basic start but much needs to be upgraded. Have you thought of a Kenne-Belle low profile supercharger?