Well you will have exactly what we are running in our street driven to the track and home on full exhausts '69RR, caltracs/mono's, Dana 4.10, 29"tyres, we run a street 3600-4200 converter and we run an old 950HP carb, 2.1/8" TTI's but thats cos we run a mild street 10:1cr 589ci wedge motor we picked up all built/dyno'd to a best of 10.3@3800lbs. Your obviously not going to do that for 10k, to go 11.45'@117 ish you need an honest 500hp, so 550 on a dyno, that can be done with a 440 with 240's and an sft cam or even eddys but as you are going for rods/pistons you could build a stroker for not a lhuge amount more cost but its not necessary as a lot have eluded to in this post, but as racers we all want to go faster. Have a look at the TF 446ci build they did and supposedly got 620hp@10.5:1 with a hyd. roller, 247@.050 .600", 950 carb, 240's etc.

Really depends on what your aim is after you've blitzed the mid to low 11 sec brkt. The bigger the motor you build the more torque it will have of course and won't be so much fun on the street as you won't be able to get into it without annihilating the tyres all the time unless you run DOT race tyres. That TF240 build could get you in the 10.7's@124 at around the 6300 trap rpm with 4.10/29" tyre if that dyno no. was anywhere correct, something to think about on those lines perhaps, a lot of options with lots of different opinions, you just gotta realize what your real goal is and then build it to achieve that.