RE: How much difference?
To me, stage 2 means a cam in addition to exhaust, breather, carb jetting.
1. What cam do you have. That would tell you a lot.
Just for me, I've always been satisfied with the above and an Andrews EV27 cam only. Runs strong without sacrificing reliability or much economy.
2. How many miles on it? I would want to be sure it had Torrington cam bearings and new lifters if that wasn't done already.
I would want to be sure it had an appropriate cam, lifters and bearings and a good cylinder hone and new rings while I was in there before I thought of anything else.
If you bore it and port the heads and then put in an appropriate cam for that, you will be asking for some less reliablility and economy, but that's up to you. Lots of guys do it and like it.
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