You'd be better off with having your block zero deck. I don't think that you can run a 0.027" thick gasket. I think that you would be better off with a quench distance of 0.039". Having the block decked and squared is a good idea too. Quality machine work and parts are important. I don't know why you want to spin your 318 to 7,500 rpm's, for some reason everyone thinks that you have to spin it to make power, not true. Your combination is all mismatched, big carburetor, you didn't mention a intake manifold and the cylinder heads have way to little valves and ports for your intended goal. From what I've read on your op, I think that you would be happier if you built your engine for better throttle response and low to midrange torque, I say this because you didn't mention that you were building a race car.