70 318 with 340 internals/Cyl Head

Yeah I have heard of early '72s having forged and sometime during production of '72s they switched to the cast cranks. Most likely Chrysler wanted to use what ever forged cranks were left over from '71 and then switch to cast.
This is exactly what happened, I have one and it was ground undersize .02 rods and mains from the factory and is stamped as such with factory markings.