Zero Deck gives the advantage to the larger bore. You should build compression ratio for the gas octane you want to put in your tank, day after day. If that is 91 octane, then you are at about 9.0 to 1. That puts your 360 piston at least .08 in the hole, and the 318 piston .07 in the hole. The more interesting numbers are the HP gains going from the 2 barrel to the high Performance 4 barrel HP numbers. If you add the 4 barrel carb and intake, 340 cam and valve springs, on to the 360 heads you add NHRA factored 65 HP. It works the same for the 318 as long as the compression ratio is the close. And the 318 will pull to a higher RPM.