Scott,
Back when I was putting my 289 in my Cobra back together, I decided to go all out, and REALLY build a killer. A partial list of parts included the Lemans cam and 12.5:1 pistons. The heads were already
worked over by Chet McFallo, the original owner of the Cobra, and the person that changed the street CSX-2075 into a
Private Dragon Snake.
Some people here will probably laugh at this, but please keep in mind this was done over 33 years ago. Back in 1972-74, Ford High Performance Parts were starting to get hard to find. Not having the wisdom
of years and years of racing history, and since I was only 20 years old at the time, I may have made some decisions that were somewhat off, but today, I would make very few changes if I were to do it over today.
Please note: If you are going to run 12.5:1 pistons with todays gas on the street, think again. I tried to make it work, and finally got disgusted. The snout opening on a Cobra is small, and I was always having concerns about the temp gauge running hotter than I would have liked. I ended up removing them, and installing flat tops to lower the compression.
LeMans Cam: At the time, I was unable to find a LeMans Cam from Ford anywhere. I ended up getting it through Cobra Performance/Gordon Gimble in Sacto California (now long out of business). It was a regrind I am sure, and the specs off of the cam card are:
Intake Lift: 510 degrees Exhaust Lift: 510 degrees
Intake Duration: 318 Exhaust Duration: 304 Degrees
Intake: .020 Exhaust: .025
Intake opens: 52 degrees Exhaust opens: 82 degrees
Intake closes: 86 degrees Exhaust closes: 42 degrees
94 degrees of overlap: Intake & exhaust valves open at the same time
In the beginning, I ran dual four Holley 465cfm vacuum secondary carbs, and later switched to Weber 48IDA's. The Webers were VERY responsive, but at the time, I still had drag race 5.38:1 gears in the rearend. It made for screeming acceleration. Anyone running Webers will attest to what its like to flush 8 toilets at the same time. I eventually went back to the Holleys, and I am very happy with that decision.
As far as the LeMans camshaft, I would recommend it to anyone for the best all around camshaft. It delivers good low end, and very good high RPM performance. The idle is a little lumpy, and makes for a 800-900 RPM idle. But damn, sure soulds good!

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Hope this helps. Let me know if you have any questions.