Matty,
If you're currently at 1275, and the bores are worn, then I would only take it out to 1293. Good blocks are getting rarer, and you won't gain as much from the extra few ccs as you can from other improvements.
If the bores are good then use the money saved by not reboring and would suggest following:
- MD266 cam
- set of Keith Calver's 1.4 ratio rockers
- head flowed (36mm inlet, 29 or 30mm exhaust)
- CR about 9.5 with 95 octane, or 9.75 with 99 octane
- Maniflow freeflow with twin box RC40
- stick with HIF44, on a well ported inlet manifold
Hmm I like the idea of saving money, but If the engine bores are worn, to me it makes sense just to go for the 1330 rather than the 1293 because you can only bore it out once so why not go for the higher cc ? I know it might not make much difference in power. Just not sure whats best, but thanks for the idea and reply I appreciate it :)