Opinions on 318 Needed

Hey guys so while surfing the web I ran across this 318 with a 727. I am a ways away from starting the restore on my 71 demon, but I know when I finally get around to it I wanna upgrade from the slant six that is in it now. I'm not really sure what this is worth but it seems like a helluva a buy to me. What's your thoughts?
http://lincoln.craigslist.org/pts/5304918641.html