At the minimum I would use the later model stock cam it is a little better and most of those rebuild kit places will let you customize the kit so there is little or no extra cost using any of the stock type parts. And some will even sub in a performance type cam if you want to go a little further. A 2V Carb could be added later or now if you wanted just be sure to mod the head as is needed so you can get the best out of it if you are going to use one of the 2V to 1V Carb adapter's. If its going to be a "Dally Type Driver" that would give good street performance and decent Fuel economy. There is also other a some things that could make it even better, like using a Large Log Head for much better flow, Zero Decking the Block for a better Quench Distance for use with todays thicker composition Head Gasket's, but for a tight budget that's should be a very decent combo. Edited