Today, dollar for dollar, is the 318 faster than the 340 ???

It isn't if the 340 is faster, because we all prefer the 340 if both are free. It's about you having 3k to spend and you don't have a motor. Is the 318 (members claim good running 318's are free) a better choice if performance is your only goal. Will 3k put into a 318 beat a 340 that you had to spend 1500 to get and only 1500 to put into it. That's the point. On a low budget, is the 318 the better choice for your lowest ET .... It has NOTHING to do with "318 just to be different".
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I was replying to his statements about the modified 318 beating a stock 340.