That is a wicked combo. De-stroke-n a 318 to a 305. Build it so you can run the RPM's way up. The 273 crank has a shorter throw.
No, it does not change anything.
It's the same crank and rods.
When you install 318 pistons. it will be the same as a 318.
early 273 i know for sure used floating pins, the only 318 that uses floating pins is a 1967 318..to use the 273 crank and rods you will need to order or find set of pistons that use floating wrist pins,,