306 or 347?

[Zack87GT]

I am planning on building a motor for the summer and i am looking for some suggestions. I know a 347 is capable of making more power however i know of some people running 11.6 with a 306 and thats with a stock stall converter. Money could be an issue but what should i build? I have a set of AFR 185's on the way and i will be purchasing a Vic Jr. intake. Should i just by a set of good pistons and pump up the compression on a 306 or i was looking at a kit from jegs. It comes balanced with a balancer and flywheel but has hypereutectic pistons for $1093. I want to make about 450-475 hp will that kit handle it? I will probably be going with a stage 3 trickflow cam for now until i can save for an ED Curtis. Any suggestions would be great. thanks... sorry so long