302/5L is a bread and butter setup. With better exhaust, decent aluminum heads, RPM or EFI intake and a good cam, you're already past your target in the upper 300s to over 400hp right there, without any stroker stuff. All stock block based, power all there below 6000 to make a nice street engine. If you want to put a stroker sticker on it (because no one will ever know you put any money there), fine, and at 347 then it will do the same stuff but closer to 5000 rpm, or even farther over your target at higher and less-friendly rpm ranges. See the trends and options?
I would suggest you back-up and re-look at your first important step in build planning - your goals list. A daily driver and a weekend warrior have very different goals. What fuel you will run and what the engine must accomplish. All decisions come from those, and much easier as they are focused on specific goals. You can't hit performance goals unless you say what they are. A HP level is rarely the way to specify those goals unless racing dynos or drafting marketing advertisements.
[EDIT] Don't forget, the most important "part" in a good combination is tuning. The most expensive piano in the world works like crap until it is carefully tuned, and engines share that trait. Reserve some budget for that important part.
I would suggest you back-up and re-look at your first important step in build planning - your goals list. A daily driver and a weekend warrior have very different goals. What fuel you will run and what the engine must accomplish. All decisions come from those, and much easier as they are focused on specific goals. You can't hit performance goals unless you say what they are. A HP level is rarely the way to specify those goals unless racing dynos or drafting marketing advertisements.
[EDIT] Don't forget, the most important "part" in a good combination is tuning. The most expensive piano in the world works like crap until it is carefully tuned, and engines share that trait. Reserve some budget for that important part.