I would concur with the above - the 327 is a wonderful motor. However, you can always find a complete 350 on Craigslist or Ebay in the Dallas Ft Worth area for couple hundred bucks as well and then you'll have a better base to build from.

Keep us informed as to how your project goes and don't hesitate to ask questions. The knowledge represented on this site can not be bought at any price and most are willing to share with those jumping in for the first time!

Regards,
Glenn