302 heads for 318
Perfect cam for your combo and you can run your stock covertor,the 904 tranny should be fine,good low end torque and mild street manners for your 318 with 302 heads,headers,intake[have you got one or still looking?] 4bbl carb,even if you have to use a factory cast iron 4 bbl intake they work great as well,a good thermoquad[thats in good condition and functioning properly] will be a good choice for a carb for power and fuel economy they will far outperform any edelbrock carb in every way has been my experience,as far as ignition if your stock one is workng good use it and if you suspect it's crapping out on you then go to the internet and look up Skip White in Tennesse for a new HEI self contained distributor they are plug and play 2 wire hook-up and does away with the old ignition box[brainbox] and ballast resistor,they are tested to 12,000 rpm,have roller bearings and parts are cheap and readily available and they flat out work and are trouble free and the best part is they are less than 60bucs to your door,I have and am using these distributors for about 8 yrs so I know they work,and you will have better start-ups and quicker acceleration and fuel economy,they also have adjustable vacuum advances..bottom line gather your parts and try to get it all done at the same time it will be worth it in the end.....