Yes, that's correct. I agree with doing a full tune up on it. If it's going to be a while before you get the 360 together another area to look into is the exhaust. 1 1/2" primary tube headers with a 2 1/2" collector's. Exhaust pipe size of 2 1/4" is good. You want the smaller tube headers because they will scavenge the exhaust faster and more complete from the chamber, by doing this you won't be getting burned gases being mixed in with the fresh air/fuel mixture that was just brought into the combustion chamber. A improper designed / installed exhaust system can cost you around 50 horsepower. For the 360, 1 5/8" primary tube headers is good and a 2 1/2" exhaust pipes. A friend of mine lost power by going to a 3" exhaust system. If you plan on keeping your car on the street then 3" exhaust is to big.
