Man, I feel lucky after reading some of these 7.25 horror stories.
I used to burn the crap out of my tires back in the day with my Duster which had a 318/904/7.25. Never once did I have a problem with that rear end. The wheel bearings did go out on one side once, but that was an easy fix. I also raced it at the track probably a half dozen times, including burnouts before lining up at the tree. I also did plenty of burnouts off the track as well. I did upgrade the intake, cam, and carburetor (600 cfm eddie), the little guy still seemed to do fine. Mine did get posi when I burned out, so I'm guessing I had some kind of limited slip going on back there. I have never done a burnout in my Dart, and I don't plan on it. I'm 10 years older and a bit wiser I guess.
Maybe I just had an extremely well built unit, that and the previous owner, my Dad, took excellent care of that car.