Stuey and Frank. Thanks for coming in on this. Stuey, I hadn't seen the ARP catalog with the Tech. installation info. JM's stud and bolt info is available on his web in the INFORMATION CENTER listing under the heading 'Installation Instructions'. After that page opens, click the ninth topic down from the top, 'ARP Main Cap Fasteners'. I couldn't put a link here that would open.
Frank's concern on drilling the main cap webbing holes deeper is akin to my own. By simply substituting studs for bolts without increasing the thread depth, can I skip the drilling and tapping and accomplish adequate hold down with decreased likelihood of cracking in the web area because of how a stud works compared to a bolt? Yes, the ARP studs would perhaps need to be shortened slightly, but I could do that on a lathe or with an abrasive sanding belt or disc.
On the pre-April '59 y-blocks' driver's side oil galley, there is NOT a lot of additional material that can be removed without breaking through into the main bearing feed galley. I've used an extended length two lip end mill for drilling in the past to avoid the point of a drill bit breaking through. When the point of a drill bit does JUST break into the oil galley, it can leave a knife edge thickness that looks prone to potentially breaking off and traveling.

John, The Hoosier Hurricane was an advocate of the increased thread length as THE means to prevent web cracks in the 312s. I want to do it right, but I don't like the drilling!
Regards,
NoShortcuts
a.k.a. Charlie Brown
near Syracuse, New York