Reached out to Cometics and had a nice discussion with them about head gaskets. They are recommending their C5751 series - which is 4.060". We discussed different thicknesses depending on the heads I want to use. If I go with the 243 heads the standard thickness would be more than sufficient. I asked about the 862 heads, and he recommended the same size bore with a thickness of .092" which would bring my compression ratio down one point. Essentially the equation is an increase of gasket thickness of .010" for every .25 pt of compression. So, I'm back to thinking I want to use my 862 heads. I'm burning 93 octane right now with my current engine and tune. Thoughts?
On a NA street build, I'm all for as high of compression as you can afford (tuning- and octane-wise). I like 9.5 at the bare minimum but really prefer 10.0 or more. You can easily safely tune around the preferred octane grade you wanna run with ~10:1 CR. DCR (dynamic compression ratio) is a thing, but not so critical with a stock or mild cam so I wouldn't muddy up the waters with that factor. Besides the CR, mind the quench height. This is where gasket thickness comes into play. I aimed for .037" for mine. Might be pushing it for an older engine spinning 6K, but it's been fine so far and I haven't babied it. Factor this in if you're still debating what head to use.
You'd need to know how much, if any the piston comes "outta the hole" with your new rotating assembly. 862s have a smaller chamber, that's why they recommended such thick gaskets. Although, .092" sounds excessive. But I haven't ran any calcs. You're sacrificing quench height in addition to that one point of compression. Swirl from a tight quench is one of the LS head's best characteristics. Speaking of, what are the CRs we're talking about here?