I guess if you rebuild the 307 for a stock racing class or a show car it would be worth it. But you would get more power out of a 350 with a dead cylinder running on a two barrle carb. 
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"Some men are Baptists, others Catholics. My father was an OLDSMOBILE man." Ralphie Billingsley A Christmas Story 1983
"We rei-eign, supreme, ooooh god! Burrito supreme, and a chicken supreme, and a CUTLASS SUPREME!" Tenacious D 2007
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