Has it already been rebuilt? If the end result is gonna be >.040 over...find another block!
Either way, I'd do a compression check, etc. & w/ 32K if the bottom end checked out...be tempted to leave it alone.
What trans & gears??
If ya leave the shortblock as is, check how far the pistons are in the hole & figure out your compression (valve reliefs/ dish, head gasket thickness, etc. + cyl head chamber size...60cc on early Windsors?).
Assuming you can get 9-9.5:1 with decent quench, the following junk would probably get ya where you wanna be:
-Assuming you can get the stock heads ported to flow decent & screw-in studs/ guide plates, surfaced, hardened ex. valve seats if needed, etc. for $500 bucks or less…that’s not horrible. Much more than that…maybe not worth it…
-I would really consider a roller cam & link-bar lifters. Decent link-bars are ~$350 new and can be found used for ~$200-$250… If you go that route, look at something like a Howards roller cam part# CL222755-08. The timing events and tight lobe separation will help with the small valves and relatively restricted exhaust.
-Weiand Stealth intake and QuickFuel 650-680cfm double-pumper or vacuum secondary carb (depending on gears & trans).
-Do a Duraspark conversion, slap a steel gear on and recurve it!
-1-3/4 primary headers and 2.5” dual exhaust with something like Dynomax UltraFlo’s (or some other straight-through muffs).
-A C4 with mild stall or Toploader with 3.50 gears…if a 5-spd I’d go 3.70-3.80 (same for AOD depending on mods to it!).
Also gonna need pushrods, rockers, oil pump/ ARP shaft, gasket set (plus probably specific head & intake gaskets) and the usual litany of little crap that adds up to not little $$…