Cams for 318's

A 4 barrel is the next step in my opinion. A $200 budget won't get you too far. Recurving your distributor will gain you some performance. If you still have points it might be a good time to upgrade to a electronic system. Look for @halifaxhops posts. He's our resident expert.

Already have electronic ignition but I will look into recurving the distributor then.

So definitely there's no way I would gain some power by adding a cam right now?