This is from the AVS2 manual, sadly I think they worded it wrong where they say "two types of blended fuels are available. Ethanol should be A-OK just not the higher percentage ethanol (E85). It looks like the AVS2 is offered in 650 then jumps to 800 CFM which seems to me to be to big for the stock 440. There is a 750 Performer but it doesnt have the anular venturi the AVS2 has.
Performer Carburetor #1411 750 CFM With Electric Choke, Satin Finish (Non-EGR)
"BLENDED FUELS" Typically, two types of blended fuels are available: Gasohol and gasahol. Gasohol is a blend of not more than 10% ethanol and gasoline. As long as there is no more than 10% ethanol mixed with the gasoline your carburetor will function properly. As the percentage of ethanol climbs above 10%, a richer A/F ratio will be required. Also, because gasohol is more volatile than gasoline, hard hot starting and poor hot weather driveability may result. Gasahol can be a blend of either ethanol, methanol or other alcohol with gasoline. Methanol blended fuel should not be used in your Edelbrock Performer Series carburetor as it will cause corrosion of the fuel system components. It can also cause rapid failure of seals, gaskets, diaphragms and pump plungers. Always check to see if you are using a blended fuel. Although the pump may not indicate the fuel is blended, it is always advisable to verify the type of fuel the station carries. Under no circumstance should E85 fuel be used with Edelbrock carburetors."