I had my 307 olds rebuilt,bored .40 over and ported heads and it runs a little better than stock,actually by getting lower gears like 373's from a 442 or such,you can abtain a better performance from the stock 307,the easiest (But dirtiest)is to do a carb swap,get an older rochester qjet which isnt computer controlled and an older (pre 80) hei distributor from an olds 350 and do a swap.This basically makes the 307 look like a genuine smallblock and not a smogged out octopus strangled block,plus better performance.If you have 5a cylinder heads,than get an edelbrock intake for it.Or on the pricer side,get 350 olds heads,350 olds intake,carb and distributor and have some fun and get a helluva lotta performace doing that.BTW the 350 heads swap is what i was planning on doing (in my head) until i realized i needed $1500 worth of valvetrain parts.