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I have not done it, but you can get the HotCam to pass smog easily with a good tune. I've even heard of a CC503 passing smog, again with a proper tune.
You don't need the combo, as you already have the rocker arms and springs that come with it. I'd buy the cam from Summit Racing, as they have it, and I think the price is pretty good (~$240 I think?).
Depending on how much you want to spend, recommendations vary. You could do all the work yourself and simply swap out cams. That would get you a nice HP bump. I guess the next step would be sending your heads to be ported and polished, ideally the intake as well. Then if you really want to go all out, a set of AFR 195cc heads. Depends on your goals and budget.
For reference, I'm about to do something similar this xmas. I'll be going with the CompCams 503 cam, which is slightly larger than the HotCam, along with CNC PnP'd LT4 heads, matched intake, and valve springs to deal with the increased lift.
I ran the HOT Cam, pocket ported LT4 cylinder heads, Corsa exhaust, and the Meziere and got 363rwhp at 6400 rpm. Torque was around 340.
The cam should pass emissions easily if CA just plugs in OBDII cars and looks for codes / insures all the flags are set. Just need to raise the threshold regarding when misfire detection starts. If you have to pass the sniffer, then added tuning should take care of it.
IYou don't need the combo, as you already have the rocker arms and springs that come with it. I'd buy the cam from Summit Racing, as they have it, and I think the price is pretty good (~$240 I think?).