318 or 360? That is my question...

As usual, I will dessent. I say remove and inspect the 318. If the block is not hurt and the crank can be turned, you can have a nice engine with what you have. Buying a whole nuther engine adds to the expense. It's always cheaper to use what you have. You can build a very streetable 350 HP 318 fairly easily. Sure, a bigger engine is nice, but is it in your budget? Do you have a 360 just layin around? If you do it yourself, you can be assured of what you have. You will know every nut and bolt. It's not hard. I say unless it's toast beyond repair, stick with the 318. It will be more cost effective in the long run.