Not only are the pistons higher compression with a slight raised top but you will probably find the K7 head has 392 cast into it on the top fin intake side between #2 & #3. I have a 392 head sitting next to an earlier K head (not sure what year however). The 392 also has K8 hand stamped next to the 392. It did come from a K8. The 392 combustion chamber profile is more hemi shaped. It does not have the shrouding around the plug hole or valves like my earlier head. Compare the 2 heads when you have the chance.
If it were me, I'd use the K7 head, pistons, and possibly cam. The K7 cam should be hotter due to 5 degrees more duration on intake but the int & exh opening comes on 5 degrees later. I'm not the cam guy for sure and I don't know how the +5 degrees on opening of int & exh would exhibit itself. The Honda shop manual specs are the same for the K1-4 with no cam differences noted until K7. They do not list specs for the K0 which was considered hotter than the other 750s until the F0, F1, K7, K8 era. Either cam would fit however.
General consensus is the cam markings have no bearing on the grind. That'd be too damn easy. I think the cam grinds were Honda's one big secret. An obvious sales ploy. The first K was hot and then detuned just as my old 68 350 (first year also) had a hotter cam before detuning.