Bummer! Seen it happen a few times. If you have the cash, a hydraulic roller cam will make more power in the same RPM range and almost eliminate the cam going flat (unless a lifter locks up, rare).
Also, if you want more power, ditch that 770 truck avenger. There are no high speed air bleeds and it throws the fuel curve off, makes it rich at high end and lean at low end and there is no tuning that out without a different carb. Yes, it will idle on an incline, but you sacrifice performance at most every other time just so it will idle on an incline.
Also, I didn't read the whole thread, just the first few posts and the last page. So if I missed something and my advice is too late, sorry.