The exhaust will cosst you HP at higher RPM. So that being a fact you will want to make more power on the lower RPM range. I would biuld as muck power as you want, I would also have the impeller detailed. Say you are turning 4600rpms right now with an "A" impeller, I would have it detailed and cut down to a "AB" and you should turn about 4400 -4600 t the same speed or a bit faster. Being that you are running a 460 the cheepest things you can do is to move the cam timing strieght up, it is worth about 50hp. There is a bolt on shoe and ride plate that HTP offers. Roostwear has used this and was happy with the result, just don't do any grinding on the housing fill with putty to smooth transitions. If you can tell me more about your current engine combo.
Jim