Reading the link you posted, I believe those shims are to be used WITH a head gasket, NOT instead of one. A Fel-Pro gasket is only .045" thick when properly torqued, so you'd only gain about .025". McCord used to make steel head gaskets for AMC. I used them in a few of the race motors I built. They're a BEAR to get to seal, the best being on a freshly decked block with freshly surfaced heads.
AMC heads from about 74 forward gave about 8.25 compression with stock pistons. How much was shaved from the heads? Once you get past about .020" combined from the block and heads, you have to start worrying about manifold fit and pushrod length. You could go to 1970 heads (291-C casting), which had smaller combustion chambers. Cometic makes AMC head gaskets down to .027" but they're expensive (over $100 a set).
http://www.shopengineparts.com/parts.aspx?eid=977&cid=40&type=engine&vtype=Domestic+Auto&make=AMC&model=360+V8+70-91
Bob
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