Is there a particular issue you are trying to solve with your current Rochester?
If it's working fine & not leaking, then I would leave it alone.
As for modifications, the correct Carter YF for your application should not require any mods.
See CarbKing's post in this thread for the list:
https://vccachat.org/ubbthreads.php/topics/392853/Carter_carb#Post392853The 2101S would be correct for your '54 if the engine is original.
Does anyone have experience with Carter YF carburetor on Chevy 235 engines? I have been told they perform better than the Rochesters. Or, is there another carb worth looking into? Are there any exotic modifications needed to make the swap? I'm new to the Chevy scene and appreciate the help. Thank you!!....