If it runs good now,why waste money and time trying to improve it??...
You might be ahead just by leaving it be,or maybe adding a better intake and carb and cam ,one designed for low rpm use where the 400's have the most torque...
I had a 400 sb from a '78 Suburban in my 77 GMC,it was not the most desireable year with the higher compression,but it made my truck perform better than it did with the '74 454 it had in it that came from a Chevelle,the lower HP emission one rated at only 235 HP and 360 ft lbs of torque...the 400 was lighter,felt more powerful and was a bit better on gas than the big block was...it used a bit of oil ,but I never bothered to do anything about it...
The only things against a 400 sb is they have thin cylinder walls and can crack easy if bored out,and they can overheat easily if you dont have a big enough radiator...I cant say how they compare to newer V8's since I have yet to own anything newer than the late 80's..I'm still stuck in the dark ages as far as they go...
You might be ahead just by leaving it be,or maybe adding a better intake and carb and cam ,one designed for low rpm use where the 400's have the most torque...
I had a 400 sb from a '78 Suburban in my 77 GMC,it was not the most desireable year with the higher compression,but it made my truck perform better than it did with the '74 454 it had in it that came from a Chevelle,the lower HP emission one rated at only 235 HP and 360 ft lbs of torque...the 400 was lighter,felt more powerful and was a bit better on gas than the big block was...it used a bit of oil ,but I never bothered to do anything about it...
The only things against a 400 sb is they have thin cylinder walls and can crack easy if bored out,and they can overheat easily if you dont have a big enough radiator...I cant say how they compare to newer V8's since I have yet to own anything newer than the late 80's..I'm still stuck in the dark ages as far as they go...

seriously what's your budget $ wise? Know anything about the motor? How many miles, how tight is it now? Is it box stock? Know what heads are on it currently? 

