2 things...1) I don't agree totally with the Dr., a stock 454 will last over 2,000 hours if treated right....not 400. A MPI is not your ideal setup due to the computer. Do a search here to find out that 400hp is pretty much not possible. A 454 rebuild is an easy 450hp engine if done right and will be under $4000 including everything. $10k means you bought it from Brunswick. I did my 330 up to 400hp running an Alpha for about $2k doing it myself and she lasted at least 8 years and more than 400 hours....like Flavor Flave says...Don't believe the hype!
Nick
1994 22' Classic-454 B1 Red & white
1981 13' Whaler sport(original owner)
South Tampa Bay, FL "May I mamoo dogface to the banana patch?"