Explorer,
Sweet looking engine!
If you are as anxious as I would be here is a suggestion:
Spend on the header and exhaust, then look here for a decent used Autolite 4100 carb:
http://www.network54.com/Forum/88781/
The Ford Carb forum is a great bunch and you can usually find a good Autolite 4100 there. Sometimes these are quoted as a "600cfm" carb but I think that must be a non-standard rating at 2" Hg. Bob Sprowl of the FE Ford site had some dry flow tested and the results are on his site at
http://www.fordfe.info/Autolite4100Test.htm
So I figure the common 1.12 Autolite 4100 is a 500cfm carb at the standard of 1.5" Hg. Still a bit big but useable, very well mannered, and it will get you going. Then you can keep it as a spare for when the Holley is in a bad mood, or you can always sell a factory Auto 4100 and get most of your money back.
I agree with the "drive and Edel (or Autolite), race a Holley" quote above so I keep both types handy. Every carb shootout I do on the Gtech, it is always a Holley that wins. But, they drink gas so for a long trip the Autolites (probably Edel's too) will leave you some money left over for the strip entry fee.
PS, do you know the weight and trans gear ratios in that Bronco?