Of course if you talk with ten different cam grinders and/or engine builders, you'll get ten different opinions as to which camshaft you should use in your engine.
If you were to remove the current camshaft from your 1979 engine and install the Clay Smith cam shown above, and add ported D3VE heads/Edelbrock Performer RPM intake/Edelbrock 1410 750cfm carburetor as you intend, you might make 425 hp. The engine will not generate 475 hp in your boat. It will not generate 450 hp. It might make 425. Perhaps it could generate more on a dyno at a higher rpm, but your jet pump won't allow it to get there and you'll never experience it in your boat. Part of the reason for the unexpectedly low resulting power is the camshaft choice itself, another part is the overall engine combination relative to the new cam (although your newly acquired engine in its current state is a fine parts combination).
If I were building a 460 engine for a jet boat and stuck with using that camshaft, the build would need to have tubular over-transom headers. Then the power output might get to 475 in your boat.
The peak valve lift advertised on the Clay Smith cam card is right at the point where it would be highly advisable to machine down the D3VE's valve guides for more retainer-to-guide clearance and simultaneously convert them for snap-on stem seals (rather than the OEM umbrella-type seals). The OEM pedestal valve train could still be utilized including the stamped steel rocker arms if properly set up with pedestal shims and correct pushrod lengths; aftermarket pedestal roller rocker arms might be a nice upgrade but not entirely mandatory.
hmm... choosing the correct camshaft is some science

I have no clue about it, and when Clay Smith recommended one, i felt kind of relief knowing what to buy.
So, @LakesOnly, is it possible to recommend another camshaft for me, who will suit me better?
Or, is the camshaft the right one for my build, i'm just going to see less hp than Clay Smith thought?
As you see at my boat type, over-transom headers is not an option.
Regarding those iron heads, they have valve springs with damper, and are converted to snap-on stem seals.. might be hard to see on the pictures but.
The exhaust valve seats are replaced and stainless valves are put it.
I am thinking of converting to roller rockers, the guy who got the heads right now will fix so i can mount studs, he will also fix the valve guide for more lift if it is needed.
As you see on the pictures, the heads are actually E8TE, but i've read they are exactly the same as the "more known" D3VE, so therefore i wrote that number.


