Ben, you can also retard the cam 4 degrees, which would bleed off compression and lower your dynamic compression ratio. Then just rock it back when it's time to smog if you would even need to.
And for fun you could even rock it forward 8 degrees (4 degrees advanced) for the track, fill up with Torco and see if you run faster. Cornfed did this if I remember correctly.
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I <3 forced induction.
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