1971_144GL;72514 wroteThese engines are straightforward to put back together with new bearings and the like, but there are definitely some tricks and failure points to be aware of, mostly related to oil delivery and the cam gear and cam follower setup.
This. So much this.
Good assembly lube, never mixing old lifters with a new cam (or vice versa), ensuring the case hardening is up to the job on the cam's lobes, ensuring that each lifter matches its corresponding cam lobe if re-using those parts, ensuring the oil pump and its relief spring / valve are all A-OK are the critical points with making these engines live forever. Along with hardened valve seats of course.
Significant power gains can be had but it becomes an issue of budget.