The 383 stroker motor is usually built with 5.565 400 rods and a ground down 400 crank. The 400 and 350 share the same compression height in pistons. More popular are 5.7 rods and 6.0 rods, which is usually done as an upgrade in rods, but also leaning towards all the hype about piston dwell at tdc and rod to stroke ratio and more top end power. The short rods work well for high compression street motors due to the lack of piston dwell at tdc which helps prevent detonation.
383's only work well if they have good heads on them, actually any engine works better with good flowing heads, but as you go up in cubic inches, you need more flow to extract the true potential of your new and larger combination. 350's will make just about as much power and torque given the same head, as a 383. You can't feel the difference in the drivers seat due to a 20 lb-ft of torque increase in a sbc, maybe you could in a Yugo or geo metro, but not a v8 chevy, ford or mopar. 383's will produce more low end and mid range torque, which makes them more fun to drive, because torque is what you "feel". Something to Ponder: Why build a 383 when you can build a 400 for the same money? Besides if you use good heads the 400 will outperform the 383 hands down due to larger bore size and more cubes, so if bigger is better, get bigger or biggest.
Don't rev as quick? really, I doubt if anybody has really measured how quickly an engine will rev compared to another engine of a different configuration but same HP, it is so minute of a detail it isn't worth mentioning. Even more importantly can you really tell the difference? Higher horsepower engines will rev more quickly than a stocker, that is a fact. Actually, it is more dependent on the weight of the vehicle given the same HP engine, not stroke of the engine.
383's are great, more torque is better period. Nothing wrong with the 383, but it would be great if it was built right to extract all the potential of the larger stroke and subsequent cubic inches!
I rode in a 350 V8 scarab conversion back in the 70's, I might of been in diapers or maybe I should have been in diapers cause it scared the #C@& out of me. It was without a doubt the fastest thing I ever rode in when I was a teenager and there wasn't much very fast then. It had a 350, flat top cast pistons, 350hp/350 chevy hydraulic cam, stock 882 heads, edelbrock performer, qjet, HEI, Headers, th350 with a B&M 2500 stall converter. Actually I rode in another v8 scarab conversion with a 327 and a 4 speed, it was truly awesome, rubber in all 4 gears. I think any z with a v8 is truly a blast to drive or ride in. How about going hog wild with a 700HP sbc, and be truly scared &^%$less. It doesn't take much engine to make a z fast due to the light weight of the car. A mild 300 to 350HP sbc in a z is very streetable and will almost jump out of it's own paint leaving the stoplight with minimal if any tirespin if it's an automatic car with a low stall converter. Of course I should qualify streetable, daily driver is what I call streetable, my cars are streetable, but it's hard on bronze distributor gears and valve springs, not to mention you couldn't afford the alcohol fuel to drive it anywhere other than Sonic on Saturday night.
Buy it and enjoy!