http://www.442.com/oldsfaq/oldsfaq.htm#How to use this Document
I don't think you need Edelbrock heads or anything too fancy to get 400hp out of a 403. Keith Black flat-top pistons and the original 4A heads with major exhaust port work would be a good starting point. Add a Performer RPM intake, 1.75" headers, and a cam with 220°-225° intake duration and .500" lift, and you should be there.
I own a 77 Olds Cutlass, that in 95 I rebuilt the 403 back stock, bored .30 over, i wish i would of decked the block to get my quench down, and put #5 350 heads
(butt did not do it, I rebuilt the 403 and stock heads plus a performance rebuilt tranny & PST front end kit and replaced all 4 coil springs, i had a life changing event so the the Olds has around 650mi onit, it's benn started every 2 weeks and a 2 to 4mi trip every month or sometimes every couple months, its been a garage queen for last yrs, PIC AT THE BOTTOM OF THIS)
My Plan now is a set of Olds 350 #5 heads milled some
(i just picked these #5 Heads up
) and a ultradine cam some where around 220°-225° intake duration and .500" lift
torq converter 2200 to 2600 RPM
crossover block
105 closed 280 to 300 open valve spring
800cmf edelbrock
http://www.442.com/oldsfaq/ofhed.htm#Heads 1964 - 1990
http://www.442.com/oldsfaq/ofe403.htm#E403 403CIDEngineDetail
A stock 403 Olds engine has tons of torque. Carbs aren't the problem. The problem is the heads. Their combustion chambers are too large, around 83ccs. This results in a compression ratio around 8.0 to 1. Try to find a set of 350 heads from 1973 or before. This will raise compression enough to even think about HP. Before you think about a carb I would think about an intake manifold, if your's is stock.
http://www.442.com/oldsfaq/ofe403.htm#E403 403CIDEngineDetail
The 403 responds well to a bit more camshaft and compression. I used earlier 350 heads ('68-'72 will do it, but the '72's are the best) to raise the compression, and an Edelbrock Performer-grind cam (these cams are available from other sources than Edelbrock, who I suspect purchases them from another supplier).
If you add 72 or earlier 350 cylinder heads, your compression will be abound 9.5:1-10:1. It will increase your HP considerably, though you'll probably want to add a cam that can take advantage of that high compression. If matched with an Edelbrock intake, I'm guessing around 300 hp, though that's a really rought estimate and depends on the parts that you use. Most 350 heads will boost compression, not much boost from the common #8 heads.
Yeah, what he said. My calculations say that unmachined 64 cc heads such as '68 to '72 350 heads would boost the stock 403 to 9.50:1 compression. Mill the heads 0.030" and you have just over 10:1 CRatio. This assumes 0.040" head gasket, and a few other assumptions.
Get '72 350 heads [hard xst seats], install the 403's bigger 2.000 valves or even larger W30 2.072" valves, and limit your expenses. That motor will kick *** w/ the appropriate cam, intake, exhaust. As for those who doubt the ability of the 403 to handle power with its open main webs, you might call a racer who uses one.
Any 350 head will raise compression a little to a lot. Depends on combustion chamber size.
A set of 1968 to 1972 heads will raise compression, and allow the engine to make more power.
Use the 2.00" intakes from the 403.
Ream the head bolt holes for the 403's ½" head bolts. You'll have to use premium gas, and perhaps recurve the distributor.
Any head from the #5's to the #7a's (basically, from 1969-1972) will have the smaller combustion chambers, and will give you decent compression, and flow well too. The 7a heads from the 1972 350's have the advantage of factory hardened exhaust seats, if that is a concern to you.