For details on cam timing, start a new thread for your engine build, Robert is far more up-to-speed about that stuff than I am...I have a hard time adding 1+2! And he'll need the exact "specs" for the cam you will install, as we've discussed time and again here, "specs" and actual measurement of this kinda stuff can be way different! That is why we "degree" the cam at installation!
Nine to one (9:1) compression ratio is a kinda threshold for running minimum 87 octane fuel...not an exact science as every load of fuel ya stick in will vary much more than what the gummint "sez" it is! Ya gotta allow a fudge factor in your tuning unless ya run an adjustable timing control added to a msd/mallory/crane ignition box that let's you dial back ignition timing on the fly.
For my personal use, I own nothing that requires the use of any higher octane fuel than so-called "regular". All my tuning stuff is based upon use of regular. I'll not spend the additional buckage for a few more octane points for street/trail/lawnmower use! For racing service, of course ya gotta use a higher grade/octane fuel and in closed course apps, that will involve using a "clear" fuel today if we're talkin' gasoline and not methanol.
Aftermarket 2300 has a greater "cfm" rating as compared to the oem 2300 side hung units. So potentially is might provide more peak hp. And...ya can't compare the "cfm" rating of a 2v carb with a 4v carb, they are rated completely different!
On the other hand, you are not talking a drag race or circle track motor here! As long as the carb is set up correctly for performance and drivability, you would not see a difference in performance when comparing. But that is based upon both carbs being "equal" in build quality..an oem carb would have to be refurbished to compare to a new 2300 out of the box.
Mounting either carb requires the same attention to detail, no difference at all other than where the fuel inlet fitting is located. If the oem side hung 2300 was originally set up with a mechanical choke linkage on the driver side (above the throttle cable/rod connection point, then that carb cannot be converted to any type of hot air or electric choke.
There were well over 1100 different variations of the Holley 2300 carb manufactured from 1956 thru today! Very few of those are even close to suitable for use on an IH motor based upon all kinds of differences!