Getting the crank knife cut just makes it to where the crank slices through the oil so you get less drag from oil sticking to the crank.
I wouldnt spend my money on that unless I was building a high rpm engine.
You are going to need an excellent set of heads.
Canfields
AFR's
Edelbrocks
Trickflow
As well as a port matched intake like a holley systemax or trick flow R.
To achieve 400HP out of a 302 you are also going to need a custom ground cam .550+lift, Long tube headers. 70mm TB 24 or 30# injectors.
You will also need probably 11 to 1 compression to make that much HP out of a 302.
JMO,
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92' LX-Big brakes, Lots and lots of suspension, GT40X heads, Ported cobra intake, stock cam, Vortech SC trim.
00' Lightning-Stock
88'CRX-13 second ego killer
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