360 heads on a 318, I know it has been beat to death...

What exactly is he doing for $700. It seems to much.
That Crane will work well with a set of those heads pocket ported at most with stock size 360 valves. I really do not see a need for 2.02's on the intake. The cam is still small. (222* - 234* @ .050 and under .500 lift.) According to Crane, that performs in the 2200 - 5200 range right or is that Summits range?

I suggest that if you need to mill the heads, get a ratio of no greater than 9.5-1. Thats enuff for a good performaing engine on pump gas safely.
Theres no need to do more than pocket porting at best. Save the cash for that until later. The port volume is enuff on that engine.