318 or 360?

... if I were to take it to the track I would hope to run high 13's possible with the 318?

It's possible, but driveability may suffer. Magnum exhaust manifolds are 318 port size, and magnum heads flow better than 318 heads but are prone to cracking. If you get the whole 318 and drivetrain for a reasonable price, That sounds really good to me.