318 MAX fuel economy builds?

If it has the original "Lean Burn" ignition get rid of that. Just a Mopar electronic or even a Pertronix in a old point type distributor.

Going against the grain here, but if mileage is the primary concern it is hard to beat the lean burn set up.

If it is still working after all these years I would leave it. It leans AFR out at part throttle cruise to 17 or 18 to 1. Exactly what is needed for best mileage.