An Old Timer once told me...
Compression is only as good as the octane you have available.
And for a daily driver, you want to run the least expensive fuel you can find(with in reason)
I'm not saying it "won't" work! But, you might as well make it a matching set and put the little ol 318 intake and carb, to complete the package.
My self i would scrap the 318 idea and spend your money on RPM Air Gap intake and let the 360 Breeeth..............But I'm a lead foot, so your idea would make me do this :violent1:If i tried it on my own vehicle.:thumbup:
something like....., a lifted pickup(read rock crawler) would be a Grate home for this Option!
:fart:<------just because it make me laugh :D