6. Locate an 8.25" rear axle housing, complete, from any '73-up V-eight "A" body car and bolt it in. You'll need new (bigger) U-bolts. She won't break it. The OEM 7.25" that comes in /6 cars is made out of toasted egg whites and will shatter at the first opportunity, with a 360 in front of it. Some early 318's also had that rear end (my '72 Valiant 318/904 did.)
BTW, the 8.25" rear is one that's bigger than the (7.25") rear end that's in your car, but still has a removeable plate on the backside, just larger and rounder... The larger, heavier, stronger, 8.75" rear end has a dropout center section (or, "third member") similar to a 9" Ford. That rear end would also work well in your car, but if you're not going to race it, the extra expense probably wouldn't be worth it.
7. A new drive shaft will probably have to be made, but since it will be shorter than the one that's in there right now, simply shortening that one might work okay.