We bought one of these MSD Distributors:
https://www.msdperformance.com/products/distributors/oldsmobile/parts/8529
We also got the MSD 6AL box, and a Blaster 2 coil. We're letting the shop buy the plug wires and plugs.
An EFI system was discussed, but both my father and I agree that it would cost an excessive amount of money to do properly, and spoil some of the shock value when the hood is popped and a stock-looking Caprice Wagon with Diesel badges has an Olds 455 Rocket with a big honkin carburetor sitting on top.
The rotating assembly was previously balanced, and the new pistons are just slightly heavier than the old ones (and they match up very well to each other, as did the old ones). So, in the opinion of the builder, the assembly is just fine.
Here are the pictures I took yesterday:
Piston:
Crank, cleaned up and polished.
Block, bored to 0.40 over and ready for assembly with new freeze plugs:
Pistons on rods, with ARP fasteners holding the endcaps on, indications of previous balance visible: