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

Maybe I just assumed, but I thought the premise of the original question about 4 million posts ago was a running LA 318 w/ $3,000 to spend vs a running LA 340 w/ $1,500 to spend. So now, we're allowing a 5.2, but not a 5.9? Why is the goal post moving?

You can run non stock heads, like magnum heads on an LA 318 so doesn't really matter if the bottom end is magnum or LA, and OP just states 318, 5.2l is just 318, magnum is basically just a head package not an whole new engine like hemi.