727 on a magnum 360

Have you done this?

And you used the no weight converter..
And it works..
No vibration ?

I put my setup together using 1996 5.9 Magnum, factory weighted flex plate and neutral converter.
It really doesn't matter which way you go.
Either the flex plate or the converter needs to be weighted for the Magnum motor, but it's cheaper to use the factory balanced plate and neutral converter because they already make the parts that way. (meaning you don't need custom stuff)