240bhp on std engine bar headwork and bodies, and on the more restrictive 4-1 manifold?.....hmmmm
You can gain a substantial amount of torque by choosing the correct camshaft.
Like i said, moving to larger valves wont be beneficial, especially for cost and development time (the chamber will be RADICALLY different to what it is std). Unless you know what to do and how to make it work, i wouldnt bother, you have plenty of other stuff to do first.
And cam timing on these engines is a TOTAL pain and impossible in the traditional manner. The cam bearings are built into the cover, so you cant access the retainer top. So unless you make up your own cam caps and cam cover, good luck altering the timing with any accuracy.