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Jay, I think you will be fine at .040 over. The 390 is a fairly sturdy block, some of the 391s are even beffier. We bore engines to .060 over everyday at my work. No problems. I don't think you have to worry. Ya wanna wake that thing up a bit ? DF
You can find lots of info with a <SEARCH> in the [link:www.ford-trucks.com/cgi-bin/dcforum/dcboard.cgi?az=list&forum=DCForumID7&conf=DCConfID 1|332/352/360/390/406/410/427/428 FE V8] Forum.
Rezvani's Latest Post-Apocalyptic Monster Is a Ford F-150 Raptor Underneath
Slideshow: Called the Fortress, the 850-horsepower pickup combines Raptor underpinnings with military-inspired features, survival equipment, and a starting price of $285,000.