Years ago I ran some analysis on EA 3.0 of various combos of cam, exhaust, carbs, and compression to see what would happen. What we learned was that of all the things you can do to pick up power in one of these engines, the one thing that made the most difference is the cylinder head. Unless you can get more air in and out of the head, you are pretty much stuck at about 160 hp with a stock head. And the only difference a cam makes is how little torque you get while making that hp.
That's why it was so amazing that when we saw guys putting the Aussie 2v head on a dyno they were picking up 35 hp with no other changes. And that's why Mike spent so much time and money to develop a new head. That's where the power is - not in the cams or carbs.
So anyway, on to your questions....
octane requirements are more closely tied to compression ratio and ignition timing. If you have a high static CR, sometimes you can get by with lower octane by using a bigger cam that doesn't build a high dynamic CR. Or you can crutch it a bit by backing off the timing or reducing engine operating temps. But cam specs and octane alone don't correlate. In any case, with only 9:1, you should be ok with any cam on 91 octane.
Two 2bbls on a log are fine if they are progressive. If they are normal 2bbl carbs, you'll be better off if the intake is isolated 123 from 456.
If you are already running a 260 cam, you should see a big boost in power if you port the intake and exhaust runners. A stock log head of any vintage or casting number flows very poorly.
Finally, install a good ignition. DS II, Pertronix, or DUI all have shown good results.
Good luck.