a .30 over bore aint going to make you that much more power, and that set up is going to be a lot more work and money to get running, vs picking up a used engine and just swapping your parts to it, used engine is by far cheaper and faster to get going, no machine shop work, just slap all your parts together and go.
used engine costs 400 to 600, over 600 for one with lower miles if you shop around for it. like i said you need new heads too, the used engine will come complete.
what ever you do decide to do, put a bigger pulley on the sc, and work your way down to where it runs without knock. or the same thing will happen.