No, I mean when they built the engine they could have built it with the timing already retarded enough to use pump gas. Timing is controlled by the flywheel pads that are picked up by the coil. It all depends on where the pads are placed on the coil in relative to 360 degree rotation of when to fire the coil. You would have to know what the timing is on that engine and whether or not you can safely advance it to get the full potential of the high compression and big displacement.
It's just like in a real engine I can drive an 11:1 on pump gas all day if the timing is not too aggressive and the heads are aluminum. It's all about timing and heat dissipation. Don't try that on an iron headed engine. Sometimes the higher compression just doesn't warrant the headaches for a few more ponies(at least on full scale

).