Well, if I was building a motor with 7 main bearings, and capable of spinning in the 7000- 9000 rpm range, I might build it a little bit different... MORE POWER ARR ARRRR!
Seriously, the 292 is a great engine.
Buffalo enterprises will be able to help you for front disc brakes.
Good luck and ask a lot of questions. It makes the rest of us either feel "important" or "jealous".