318 cam

I would personally take second look at Summit, specifically the 6900/6901 cams.

A .480 lift is pretty big for an otherwise stock, low compression 318.

Those two I mentioned above have been proven to "wake up" a 318 without going overboard and also without requiring lots of other performance parts.

Of the two, the "split pattern" should work better with stock exhaust manifolds, and the "single pattern" should work better with headers.

I'd also look a the Comp "256" XE and/or the Lunati equivalent.
I've ran the 6901 in a 318 and it does work with stock 318 LA heads and valve springs. Its ok for the street , not saying its a high revver like a 340...I dont think youd get the top end RPMS with 318 heads anyway but I am verifying the K 6901 works in a 318 . It is what it is. My set up was stock 318 with the K 6901 and headers, edelbrock intake and 600 Holley.