Most high performance mechanical pumps do not require a regulator.
Also keep in mind that they are only as good as the supply to them. To see maximum output from the pump, it must have large feed lines and no restrictions anyplace.
I've never had much luck with mechanical pumps, even high performance ones on really fast cars, but I wouldn't think the little small block 327 with the small cam would have problems with fuel delivery for what you are doing, even with a stock mechanical pump......Cliff