Definitely need to let that motor breathe a little easier before a cam would do you much good. Heads, intake, and exhaust would be a better place to go than a cam on an otherwise stock 302. In fact, many people run in the 12's with the stock cam, although once you get heads, intake, and exhaust, a larger cam will help you out even more.
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2006 Mustang GT
1990 LX
GT-40 motor 262 horsepower, 307ft-lbs (sold but forever loved)
1998 Contour SVT
Rice Haters Club Member #244
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