Budget 318 build

Yes, make the purchase. It may not be required. So why purchase it? Because you'll be happy that you have it if you need it rather than need it and not have it.

That would be just fine. Degree it or centerline it. Ether or, it is not a big deal on small cams. Degreeing it on big camas is super important. Also check valve to piston clearances with some clay.

There is a book called "How to rebuild my small block MoPar" that is a excellent step by step process with pictures book to own.
When your ready to step up the program, there is a "How to Hot Rod....." book which is good.

No, the stock springs should be turned into fishing weights, Christmas tree decorations, pen holders, biz card holders, projectiles for the brats next door or something completely else useless. Get the right springs for the cam.
Though I'd use the 360 heads on the 318 for sure!
The draw back is the extra head cc amount in the chamber. This lowers compression on a all ready low set up. While the flow will make more power than the compression, it would be awesome to have both. I don't so quickly recommend installing 360 valves into a 318 head due to cost and performance returns. But that and a full porting on a 318 head are an excellent combo. That is the old school way of doing things. But is very expensive with a low return vs purchasing a set of Edelbrock heads and ending up way a head of the game even with the extra expense of double checking the new heads at a machinists shop.
Thanks i actually have the how to hotrod a small block book it has helped alot. Yes the 360 heads will be used eventually i dont have the money right now to do them right having them milled and machined i know them big ole combuston chambers will kill my compression without milling them so im gonna stick with my stock heads for now i thought about trying to smooth them out a little i have a dremel lol