^^ This. Plus I would add a better intake like an Edelbrock performer. Open up the breathing on the top and the bottom is the best thing to do. You're right though, "bone stock" its not at its best. It's not the same game as the 60's muscle cars and I doubt it ever will be. Leave the Q-jet alone.
I didn't see a gear ratio listed (assuming its a TH350 trans) but if its not already, I would upgrade it to a 3.x series posi axle. With the added torque from breathing better you'll really feel it. Maybe even mild suspension upgrades (shocks/springs/sway bars) to go with it.
Great feedback on intake & carb. Here is a copy/paste on the drivetrain......Turbo-Hydromatic 350 Transmission (Code "LJ", special W-30 application). Code "AB" non-locking 2.73 rear axle.
Lastly, it does have a factory sway bar and I will replace the shocks when I get new rubber, the current tires are 30 year old.