The general opinion seems to be that 11 studs reduce gasket failure.
The head I have from MED is 11 stud so I thought I would drill the block.
I have a small pillar drill and the block just fitted under the chuck with a shortened 5/16th drill. I marked the block using the head as a guide. I suppose using the gasket would have worked as well.
I made sure the block was positioned correctly (90 degrees to the drill) and then I drilled straight in with the 5/16th drill.
Cast iron is easy to cut. The thread cut easy. Everything went very well and the head fits perfectly

Water pump end stud is only torqued to 20-25ftlb