351C pistons have far more options, but the wrist pin diameter is different, so it would be rather expensive to adapt them. This is one reason for the low popularity. If you're going to spend money, I'd put it into aftermarket heads. Smaller chambers and better breathing right out of the box. The Aussie 2V heads have smaller chambers for compression, but don't even breathe as well as a cheap set of Windsor aluminum heads, and will choke your peak HP on 400 cubes unless well-ported.
To top it off, the pistons ride roughly .060 in the bore, and so you can't raise compression much without getting detonation. Although the Aussie 2V has a closed chamber, the piston is not designed to use it, and effectively has no quench without heavily decking the block. This is one reason for the very weak factory compression ratio. This is the second reason the 400 'factory stroker' was never popular for performance upgrades.
Yes, you can make excellent power with them, but you'll either need high octane fuel or lots of machine work and good parts to get much over 400 hp on a good day. If 350-400 hp on pump gas is OK, then no worries. Have E85 available? Then bump the compression and push it!

David