Cam doesn't know whether the rockers are 1.5 or 1.6 ratio so there is no issue there. The shape of the lobe is dependant on the type/size of lifter that it acts on not the rocker ratio. One of the more popular changes on a magnum motor is to use 1.7 ratio rockers for the added lift.
One of the advantages of swapping a set of magnum heads onto an LA is the 1.6 ratio rockers and the slight increase in lift at the valve. I am taking advantage of this on my LA/magnum hybred 360.
Off the shelf magnum cams are ground with emissions in mind so may not be the best choice. I would go with the LA retro fit cam or have a custom one ground and don't worry about the oiling holes. If you go this route then you can use the LA front cover an all the accessories including a mechanical fuel pump. Also, Mancini has an adapter that allows the fuel pump eccentric to mount to the short snout magnum cam.
Also, I believe that they standardized the rear main seal area on the magnum engine to the 360 size so your 360 LA pan should work on the 318 magnum.