With the AV and race gas question, you have the ability make more power off race gas because of higher octane levels (110 leaded) because of the ability to give your motor more compression. Aviation fuel is 100 octane and its unleaded which limits your compression to around 200psi id say.
Av gas in actually low lead (100LL) not unleaded and is not rated the same as race gas. I have run as much as 230 lbs compression with a lot of timing on a SS SJ with no problems. You will get some gains with race gas over AV gas, but I run AV most of the time because of its lower price and its pretty easy for be to obtain.