Longer rod can put the piston too close to the head, requiring a thicker head gasket. Some what cancelling the gain of the longer rod. Post # 37 by Flash and # 38 by Denny are VERY IMPORTANT. You can check piston to valve clearance by doing with clay as he described. Coil bind is a little more complicated to check. If when the valve is fully open you need to be able to insert a feeler gage set at .060" between the spring coils. Ratio rockers are expensive. You don't want to find out they won't work after you have already bought them. SO to check before hand figure out what total lift will be. ( Cam
lift x 1.2 or 1.3 ) with head off of engine, depress valve that amount and then
measure space between spring coils. You will need at a minimum, a jig or a
vise to hold the head. A valve spring compressor or huge C clamp to depress
the valve, and a dial indicator to let you know how far it has moved in
increments of .001" . You can't be sloppy at it or it will be all for nothing. I would suggest you buy a set of CHAMPION shaft mounted rockers. They are cheap, $28. They help eliminate friction, and at higher RPM are much more stable than the stock rockers. You are trying to go somewhere you might not be
qualified to go yet. Stay with the simple bolt on stuff for now. Build and enjoy your engine. You can always put in stiffer springs and a bigger cam later when
finances allow. If you will remember that is why I changed my first recommendation back to something you could afford. Take it one step at a time.