This. A 360'd probably be more than the heads, but a 318 should be right around that range. Larger roller cam, 1.6 rockers, likely compression's the same- but the valvetrain should be in better shape on the newer motor. Can't use thermostatic choke on a Magnum but even smog-compliant there are some options with electric chokes. (at the least- a JY Quadrajunk from an '85-'88 truck/van or Thermobog from an '84-down truck/van)