Today, dollar for dollar, is the 318 faster than the 340 ???

the budget was $3000 from the get go and where on earth do you get $400 340 blocks (with caps) from?????
What part of the country are you in? Saw two last week on Facebook cheap. Another yes for the 360 engine then. $3000? then no way the 318 gets ahead. Nobody buys new stuff, we scrounge around for the deals, 3 grand is a fortune for small block stuff!