Yes, the stock exhaust will work but seriously look at getting dual exhaust. I had single stock exhaust WITHOUT a catalytic converter and a glass pack muffler. Ran hard off the line then fell hard on It's face after that. Added a Cat back dual outlet exhaust, ran much better. I would run the stock early 307 HO cam or smog 455 cam, 197/204 .440/.440 vs 194/198 .400/.402 stock, lament. You only have around 7.8 to 1 compression, stay small on the cam. The Lunati high efficiency series 207/207 .461/.461 would also work, wouldn't go much bigger.