Looking at your goals for the engine 108 LSA is NOT on the list of things to do to get where you want to be.
A big engine loves a big cam, and they will make great power with tight LSA. Problem is that they don't behave well at idle, stinky and too much reversion for my liking.
From what we've found here the wider we go with LSA the better these big CID engine run and certainly greatly improved street manners over really tight LSA.
500 CID and stock compression should still easily manage 230 or so @ .050". I'd put it on a 112 or even at 114LSA if we were building it for you here........Cliff