Seems a little slow...

I just looked over your combo and you forgot the most important thing a drag 318 setup needs

Amazon.com: NOS 07001 Sniper Nitrous Kit: Automotive

With all the recommendations from fellow fabo members and some laughing gas you should be able to get into low 12s

100 shot of nos = about 75 hp and 150 -175 ft lbs. Can you say big block torque from your 318

A nitrous kit would be a whole lot of fun :) I would like to get it as close to optimized as I can before I throw any power adders at it though.