Need Help With 318 Build
So use the Kieth Black KB167 pistons (zero deck), a Lunati 10200703 (old 60403) cam, some later "302" casting heads with 1.88/1.60 valves and basic porting, a medium sized 4 Bbl on a dual plane, headers and dual exhaust. Should put out 300 HP or so, sound strong and still have good street manners.
Then decide what you will be doing for a replacement rear axle so you can select a good torque converter. The above conbo will make the 7 1/4" rear end the weak point in the drivetrain. Expect it to fail at some point