These people with the bigger carb is better, crack me up. I have owned these 73-79 fords for years with the 351m/400m.Along with the 460 BB and the 300 engines.With what youve had done so far the 500 wont give you what you need anymore.For your engine a 600 carb will be perfectly fine you could go up to a 650. I would NOT go higher than that. These Fe engines do not do well with anything over a 650 carb unless you really have major work to consume that fuel. Other wise you will be dumping too much fuel as in slighty more than the engine needs.The 351s and the 400s are exactly the same,EXCEPT the stroke on the crank,and the tops of the pistons. I cant remember if there was a difference in the piston size or not. The stroke alone changes the CI.My trucks always had a better throttle response from a Holley. But better gas milage from an Eldbrock. As for the valve springs,Change them. I cant tell you which ones though..Call Summit they can help you with that. Also you should consider running roller rockers with I would say maybe a 1.5 rocker,A 1.7 ratio might be too much with the lift on your cam.And you look into a set of Long tube headers,With what you have it would do you good.Hope this helps