318 LA torque?

the reason 318 last forever and are low power is because they are low compression

in order to make power with it, you either need to get the compression up, or use it to your advantage by boosting it

That's just untrue. A good set of good flowing heads with a matching camshaft and intake and carb with a good set of headers will wake that thing right on up. You don't need higher compression or boost. A good hot ignition curve and a nice little cam advanced to help it down low will set it on fire. His goal of 350 LB FT of torque is attainable on the low compression that 318 came with. Plenty of people have done it.