first of all, patience, the info is all out there in the right threads. SOHC4 is not a ready to use tuning manual, more a reference area. you need to joint the dots that you find along the way. Where would all the fun be if it was laid out for you bare?

try searching for the "gentleman's express" article/threads, explains well what to do to fit 750 pistons in a small block.
Dremel will be suitable for cleaning ports up, which might be the right thing to do considering your experience level. It's not powerful enough to really carve metal with big carbide tips.
The reason i am saying that a 650 cam is not really a high performance mod is that you might get more help by posting this in the general forum, we are all into super bumpy .4" lift cams here in HiPo
If you want to be more scientific about it, dyno your bike before the mods and after, and you'll be able to contribute your empirical data here.
Good luck!
TG