I have a 327 in my car as well but I wanted a 302 for the very reason that you picked it - high revs. With the "image" of my car I didn't want it to sound too much like an SBC. I had to settle for a 327 but with Trick Flow heads and roller rockers I run it up to 7,800 RPM quite often. It's a little "soft" on the bottom end but with a 3:70 rear gear and a T-5 trans it works great in a 2500 lb car.
BTW, 302's are getting rare and most of them are usually worth some pretty good bucks because they have all the good stuff in them - four bolt mains, steel crank, etc. Also, I think you will find that 350 to 400 horsepower is pretty easy to come by in a 302.