Howdy Jeff and All:
I've been giving your plight quite a bit of thought. Even ran your numbers through the CR calculator. End result is that I'm quite convinced that the biggest contributor to your lack of thrill with your new engine is due to the change in gear ratio and taller rear rubber.
I'm not quite sure what you mean by MSD ignition. Do you mean a 6A module with a DSII? My question is what distributor are you using?
Given your description of your parts and modifications, your compression should be aproximately 9:1. I figured 54cc chambers, .050" for a composite head gasket, .025" deck height, and zero ccs for the flat-topped piston.
Your '63 Falcon likely had a 3.50:1 rear axle ratio, assuming an OEM combo for a 170 engine and either a 2 speed auto or a three speed standard trans. The Maverick 5 bolt flange, 8" rear end will likely be a 2.79:1 or 3.00:1. That is a significant change. The lowest geared OEM Maverick was a 3.08:1, but they were very scarce.
That drop is farther impacted by going to larger diameter 14" wheels and tires.
AND the stock type C4 torque converter is designed tight, for low end torque. Your engine design has moved your torque and power range up slightly.
At the risk of being the odd nut in this discussion, I don't think changing to more cam will solve these problems. It likely would make it worse! Headers will always help, but they will not be the solution you are looking for. Given your, already in place, exhaust improvements I'd go with the single outlet. What you will give up is a different (very cool) sound. What you will gain is less weight, less expense and less hassle.
You can try to use as much initial ignition advance as possible, but the tall gearing will make pre-ignition that much more prevalent. You can also try lower profile shorter diameter 14" tires.
Some Mustang II, from '73 - '74, had an 8" with a 3.25:1 ratio. If you could find one of those and get a rebuilt torque converter, that is a little looser than your OEM, you'd find that your engine will give you a completely different response.
As always, no one thing will give the complete solution, but one thing that is out of sync can seriouly impede and otherwise good plan.
I'm sincerely hopeful that this will help you get the response from you engine rebuild that you want. Good Luck.
Adios, David