What do you think about this 318 guys.

what should be out there as a "kit" is and correct me if I'm wrong because this stuff may be available ...a 340 style positive deck domed piston kit for a 318 block, or a flat top zero deck with fly cuts pistons etc I would do that with a 318 with the aftermarket heads...but the 318 is limited with what can be done it can only be bored so much etc. I don't really think 3.91 is a big issue its just what parts are available for piston kits, sroker kits etc. and of course cost effectiveness what you pay for how much power in return. I know I tend to overthink these things...
All these parts are available for the 318....
Doesn't really cost any more to build a 318 vs a 360 or 340 - might run you a $100 or so more for the pistons but if that's gunna break your budget then you shouldn't be trying to build a motor.
People build 318s because they already have them, sometimes the expense of tracking down & buying a 360 or 340 core is not worth it.
For example in Australia you will pay 2 - 3k for a rat fucked 360 short block - on a mild 1hp/ci motor would you pay 2-3 grand for an extra 22/42hp? I sure as he'll wouldn't - I would put up with being a bit down on power and keep that money in my pocket.