Mild 360 Magnum Build

Not necessarily. That depends on the height of the piston.

It is but not by much. The exact amount will vary as the LA engines did not always come with a uniform Deck height. The magnum was much better at this.
I think positive height on a magnum engine comes from a Keith Black 107 piston, and probably not from a Speed Pro H116P piston -gathered from following the SBM forum here for 6 or 7 years, but I am a noob myself. Those silvolites look better than the Speed Pro H405P pistons.