your basic question is \
"can you realistically run 11:1 static compression and cam timing that reduces active compression to 8.04:1 compression?"
the answer depends mostly on the engine's operating temps, ignition advance curve, and fuel octane and physical elevation your driving at,
given good high octane fuel, cool temps and a fairly slow ignition advance and limiting engine temps to under about 200F then youll probably get by,especially if air temps stay fairly low or if your in a location well above sea level,
yes it can be done but Id be happier if the static compression was much closer to 9.6:1-10:1
the potential problem, is that your not always in 100% control of the engines temps, or fuel octane so having a bit of a cushion, in the specs helps.
but at the same time Ill admit I've built several engines that ran rather well built in a similar way, I only mention the potential issues because I've seen the results when guys assume the quench, or spark plug heat range or combustion chamber surface does not mater, the closer you get to pushing the combos component parts , limitations to the breaking point edge, the easier it is to screw up!
http://garage.grumpysperformance.co...e-required-octane-for-compression-ratio.2718/
http://garage.grumpysperformance.co...ow-to-reduce-its-likely-hood.9816/#post-37278
http://garage.grumpysperformance.co...tio-your-feedback-is-needed.10698/#post-46493