There's plenty of ways to make a sleeper out of this car if that's your goal. Personally, having both a Diesel and gas version in the big RWD Caddies, I'm always happily surprised at the power my 425 in my '77 makes, bone stock. They were designed as a torque monster, long stroke engines, a camshaft profile resembling what you would find in a RV. They DO NOT like high RPM unless SUBSTANTIALLY modified to accept it (read as - aerate the block - yard sale the guts of the engine). The stock axle ratio was a 2.28:1, optional was 2.73:1 and 3.08:1. If you get much over 3.08:1 or 3.27:1 and plan to drive on the freeway, expect to get Christmas cards from OPEC, they're gonna love you. I agree the intake wasn't designed for a lot of horsepower, the air has to flow up then down, but it was designed to provide adequeate clearance under the hood too.
If you want a good big block street car, consider a Chevelle : )
Don't molest a Cadillac for power! I never had a problem pulling out to pass a truck on a 2 lane road in my '77 or getting on the freeway double quick. Thats what the 2 extra bores at the back of the carburetor are for. Double check that the engine is tuned properly and the carb is set right. That Quadrajet is an engineering masterpiece, but in the wrong hands can be easily loused up. When I got my '77 I was horrified to see what they did to the carburetor. I spent full day rebuilding it back to factory spec, primarily because whoever ravaged that thing before me bent rods that should never had been touched! The car runs great now.
I do not know the exact CFM rating on that carb, but I do remember the '70 model was 875 CFM, the largest stock 4-bbl ever offered. The beauty of that carb is with minor mods it can work on a big block or a V-6, it's only going to use as much fuel as the engine will allow it to since the rear barrels are metered based off how much flow is going through them. They may never ever fully open on a stock engine.