Advise wanted on reviving a 318

Seems the cam is an unknown factor,and an old pattern anyways. I'd shelve the 340 heads and use the 318 heads,but with the small 360 valves. Cut them to get reasonable comp,say 9.5 or so. Choose a modern cam like a Lunati or a Comp. This will get you a torquey ,responsive motor,and all under 6000 rpm.