318 vs 360 opinion

If you have the 318 already and don't have a 360, just build the 318. What makes you think it needs a rebuild whats it doing?

When it get over 160 degrees it starts to make a knocking noise. Checked around with a stethoscope and can't pin point where its coming from. It's not the rockers, pushrods, lifters or timing chain. I'm thinking its piston slap or a cracked ring land.