My Austin gasser has over 15,000 miles on it in the last decade and uses heim ends on all the tie rod and drag link ends, and drives wonderful. My '39 Chev also uses heim ends everywhere, and has over 8,000 miles in the last year with several long trips, and drives great.
Every car I've built for my own use, or for others has had heim ends on the axle, and never an issue. The key is decent quality heim ends, and nothing more. If they're decent quality they will hold up fine.
Which converter you use depends on what cam you choose, so you'll need to decide on all the engine specs first, including heads and camshaft, before choosing the converter stall speed. For an engine like a BBC 454 that's not going to get high compression, or high flowing aftermarket heads, I'd stick with a cam that has plenty of lift, but not long duration, or too narrow an LSA. I'd not go less than a 109-110 LSA for a car that's going to be a good street driver.
If you can step up to a roller camshaft I would certainly do so. The number of cam and lifter failures with flat tappet cams in recent years leaves me worried about whether any of them can be trusted to be good quality, even with proper high zinc oil.
Might call Howard's cams and ask them about the #CL128001-09 if you go flat tappet, or 118045-09 for a roller cam. Both are good cams that operate in the 2000 rpm-5900 rpm range, and will work with a milder build.