If a manual trans;
make it a 3.09 low-gear Commando and the 3.91s; ,but with the Standard 2.66 low 4-speed, make it 4.10/4.30s. Hyup I did this too. I am 69 so I have done a lotta things and I got my driver's license in summer of 1969. The point here is to get a starter gear of 11 or 12 to 1.
Bulls eye for the drive train.
So to recap; in order of installation;
convertor, then gears
free-flowing exhaust and recurved timing
4bbl and intake,
headers, and a recurve
cam-kit and heads and possibly another recurve
On a low-compression 318;
> a 4bbl and a low-stall, IMO, is more or less a waste of time until around 3000 rpm; which with 2.76 gears is around 30/32 mph depending on your tire size.
> headers without a 4 bbl/stall/and gears, is IMO, a waste of time and money; as is dual exhaust with no other changes..
> IMO, there is no suchathing as a too-big exhaust system. But there is also no point in running 4" sewer pipes.