I dunno about that. The 308 bearings came about for a reason, they went to the larger bearing to help make up for the 3-4 gear reversal changing how the power was routed in overdrive (3rd gear on the cluster).
You can buy a 4.8" diameter bearing retainer for the 308 bearing cases (or turn the 5.125" retainer down to 4.8"), and then you can have the 4.3" bellhousing machined out to match the 4.8" retainer. They sell the 4.8" retainers with the bolt pattern for the 308 bearings now, makes putting one behind a big block easier. More info on that on the bottom of this page, they turned it down but I've just bought the 4.8" bearing retainer with the larger bolt pattern since then
Mopar Big-Block A-Body 4-Speed Conversion