Ok I have started the same kind of thing that i think you are going for so here is what i would say.
1. Verify TDC you can do this by setting your timing to TDC and then shut off you motor after that crank your motor till the timing mark falls on TDC then take off you cap and see if you rotor points to plug 1. Over time these timing chains stretch and it can make good solid timing hell.
2. Get a bigger coil set your gap to around .050 give or take. This dose seem to help a bit and I did notice a change in my exhaust tone and better starting.
3. Play with your timing a bit. I like mine at about 10 deg or so.
So far your at about 70.00 with a good tuneup and you will notice a bit more pep and better mpg.
4. This one depends on what you want to go for. I have played around with the old holley 1bbl 1909, A weber 34 ICT, And am working on a holley 350 2bbl. IMHO the old holley 1909 was tired I couldnt realy get anything out of it even after a rebuild and playing with jets

. The weber 34 ict is cheap 75.00 from CB performance and a nice lil street carb not bad to tune. The bad thing is I had to make my own linkage for it and I dont think you can run one with a kickdown that you would need for your car. The big holley is kinda pricey new but they do pop up on ebay all the time you need to run an adapter or mod the head to fit this guy and rejet it but I havent heard anything realy bad about this setup.
5. This one is all about what you want too. Headers are nice but go for $$$ I havent seen any much south of 300.00. I'm building a set for my car right now but its a PITA

I got about 50.00 in them so far and I'm putting them on tonight but it has taken about 1 month of work to get it just right and to be honest with you it looks like hell (time for header wrap). I think 2'' pipe is about right for the 200 nice flow. If you go small you do get more of a rap but loss of high end power. For me I think split headers dumping into glasspacks is just tits but if you want a bit less noise flowmasters sound good and flow nice too.
This is just my take on the thing worked for me I MIGHT have 300.00 in my setup and its good for about 25 hp by my ass dyno. Poke around here for a bit read all you can learn what worked for other people and run with it. I bet I was reading for about 4 months before I realy did anything on my car.