Im not sure that you can change Rod end sizes in LP.
If you cant find a good template for a build;
We know that you need all of the compression. Mill the block to get the pistons to 040 Piston to deck.
The Chinese rods have been very good and I think that they make the TR sizes.
Dish the pistons a bit , maybe gas port the top ring. Gapless second ring. The stock pistons have the top ring pretty low on the bore. The ring guys say to move the ring near the top for more power .
For a cam , you need the max torque at the shift point. So , work from a gear chart and determine the needed RPM range. Call some grinders and talk to an engineer that can help you hit the tq range that you will need. I would think that about 260 @ 050 on lobe centers to match your RPM range. Would get you started. Then, you will need to lighten everything that spins .... A racer with a lathe, add beer and free time .
If you can use the Baby Weber, they ran very strong on the street on the 1500 and MGB.
The Spit has good numbers. Way lighter than my Toyota 1600.