Looking for 360 advice on a budget.

Wow you guys keep throwing ideas out there!
Ok now hate me or not,but I am gonna give you some more information.I have a 96 ram with a 360 that threw the rods through the block.I got it in a trade and it came with another 360 to put in it.
So I have a possible set of magnum heads sitting in a truck that I could salvage.
I have not read on what it exactly takes to do the magnum swap or anything.
So here is my question for you guys.I would like to know what avenue I should go down.
1. go with my current plan,new pistons,cam,springs,regrind valves,new gaskets and bearings.have everything balanced then assemble

OR
2. Keep my current short block and rering it with new bearings,cam,and then use magnum heads from engine i have to pull from truck.(?Will this bring my c.r. up enough by just using these heads?)What other parts will I need to use them?I have no problem modifying my intake to bolt on to the other heads.I might try to even get a new aluminum one if I can.

I never thought about the blown magnum engine I have.I was just thinking about what I have on the shelf from the 360.If I could swap heads and get were I want to be without going to the greater exspense of pistons and balancing would be nice.What can I use from the magnums heads if this is the case?Would I only need new lifter and pushrods?
Lay some more info on me as I need to get my plan nailed down.
Thanks guys this is great info.:toothy10: