You should make about 12-15% more power through-out the entire RPM range. You are increasing the displacement by 10% and the extra room helps unshroud the valves actually increasing the flow of the cylinder heads and valves. I have not had first hand experience with this but there has been a few built but most of those have been based off the 4.6. But there are some BB 5.4s out and about. Modular Performance, Modular Mustang Racing, Ex-boss 330 racing Livernois, Johnny Lightning performance Sean Hyland Motorsport and Sutton high-performance used to offer them but I'm not sure if all of them still do. There are both good things and shortfalls of doing it and ways of doing it. So I would speak with an engine builder and decide with them if it is the route you should take with you personal application.