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

the older i get, the more open highway i want in front of my grill...... classic car grill that would be...
I was thinking of finding a 68 Fury VIP 2 door like my dad had in the 70's and putting a 700 HP stroker in it.
Highway gears in the highway star and take on some vetts, stangs, maro's and challengers and eat them up. lol