Stock V12 rods are good for in excess of 7500rpm. Though much heavier than an equivalent 6.0 Chev rod, they are very strong.
remember, these engines were designed as a Race engine (Refer XJ13)
You can’t reduce crank pin to Chev size of 2.00" as you will cut into the oil feed holes to the crank pin.
You can use 350 “FORD Windsor rods” as they are a nominal 2.300" size.
I do use Chev rods (with 302 Windsor bearings - 2.124") on my 7.5L engines, but use a different design of oil feed.
The 7.5L engine uses a TWR crank forging
I use Flat heads modified with a combustion chamber with larger (1.75in.) Intake valves with 11:1 CR. Intake and Exhaust ports ported and polished, std. cams.
You could use the HE heads with std. cams but you would only get about 320HP because as previously stated, you can’t get bigger Intake valves in the HE head without major welding and machining.
It was cheaper to modify the Flat Heads.
With “Competition” type cams in excess of 600HP would be available, but this not practical for “street use” in Australia as the highest speed limit in any State here is 130km/hr (80mph.) and exceeding that by more than 30km/hr. results in on the spot loss of Licence, confiscation of vehicle and hefty Fines.