From my experience, a 1.5" change in plenum height on my hemi moved the power enough to change my 60' ET by over half a tenth. HUGE. Runners were also slightly larger, but not much. Both were single dominator cast manifolds. I test on the track, not the dyno.
Going from 7" to 5" should do what you want. If it isn't enough, look into a Brodix turtle or extend the runners.


CHIP
'70 hemicuda, 575" Hemi, 727, Dana 60
'69 road runner, 440-6, 18 spline 4 speed, Dana 60
'71 Demon, 340, low gear 904, 8.75
'73 Chrysler New Yorker, 440, 727, 8.75
'90 Chevy 454SS Silverado, 476" BBC, TH400, 14 bolt
'06 GMC 2500HD LBZ Duramax