360 crank in a 318 block

Hi,
I have a 360 crank from a -89 and I planning to use it in a 318 block from 1970. Does it fit "bolt-on"? The plan is to use KB167 +0.060, 596 heads w 2.02, 1.60 and milled to 60cc valves. Do you see any drawbacks? Then I should have approx 10.0:1 so I can use regular gas (98oct pumpgas available here in Sweden).