Is building a stroked 318 better than a stroked 340/360?
Just a thought.
If you stroke the 318, you would need to put money into a set of real heads. Otherwise I wonder if you will see any real benefits from stroking it. PowerNation did a stroked 360 and left the heads alone just to see what it did and going off memory seems like it was maybe 30 HP?
I say put the money towards a decent cam and a rebuild, then run what you have. I bet with boost the thing will be plenty of fun.
But I've never done it, just an armchair cowboy tossing an idea out there. So take it for what it's worth (which is not much).