349 CI on the cheap

Yep and this is just another option, and the journals will both be std. Good point Adam.

Do you have enough clearance between the bottom of the piston and the crank throws at bottom of the stroke. I rember this done on a 360 using low compression 340 pistons, (371CI) they had to machine some material from the piston bottom below the pin boss for crank clearance. Than there is getting it all to ballance.
I've had good luck with .030 over 360 and price is low.