Different Strokes.... Bottom Line. Although Ogre, I get what your saying because I'm semi old school too. You're partially right and partially wrong. Those #'s you're talking in that long post while true back then, it's different now days. Notice the kit IIRC, Morrow mentioned, and I want to make sure the OP KNOWS THIS, He suggested the Scat crank for a reason. YES, the OEM 400 does use a shorter rod. The only small block that used a rod different from the 5.7 rod. This was done to be able to pull the longer stroke back in the day. NOW days... There are kits out there where you use the matching crank and pistons with the correct compression height and you can indeed use 5.7 rods with a SBC 400.
The 383 came about long long ago by turning down a SBC 400 crank on the main journals, using the SBC 400 shorter rods and special ordered pistons with the correct compression height in a 350 block, and also had to use the SBC 400 flexplate and balancer for the external balanced motor where all the other small blocks were internally balanced. (IIRC, there are both Int and Ext balanced 305's, I didn't care to learn much about those and avoided the boat anchors, so I could wrong when it comes to the Wee O Fives). So that was the making of the original 383 back then now known as Old School. Now days, there are 383 kits that are made as ready to bolt in stroker kits and using 5.7 rods, as well as internally balanced using more common balancers and flexplates. Most of the added performance from a 400 is going to be the longer stoke which is where the added torque comes from.
Having the SBC 400 already does offer the OP other options to consider of the several he'll have. IMO, if wanted to run the 400/406, I'd just be going with the old school OEM way of doing it, otherwise it's going to be expensive. Just have the same block bored .030, same crank turned and trued, same con rods, cleaned, shot peened, magnafluxed checked for twist and big end resized. The Vortec heads may very well offer to much compression. Maybe not, being the OEM 400 pistons had a hell of a dish on them to lower compression since emissions were in full force when the 400 came about, so even with the Vortec heads and small combustion chambers, good chance compression will be just fine. Especially if running a bit bigger cam with a little valve overlap and lope to it that will bleed off some compression. Building the same OEM 400 with Vortec heads with steam holes drilled, is probably going to be cheapest way to build since the block, crank and rods can be reused.
Buying a new crank kit to build the SBC 400, IMO, that's going to be the most expensive option. I think we all know and agree, anything for a 350 block is going to be the least expensive, even if it's a 383 stroker kit, but then OP has to acquire or purchase a good 350 block.