You are 100% correct. It will never be a numbers matching car again. To be honest, I’ve been kicking around the idea of forgoing the 318 altogether and putting a 383 or 440 in it. I’m seeing some good prices for non-HP 440 blocks. I have a fresh big block 727 that I’m not using.
The problem with that relates to the way Chrysler Corp designed their cars . . . when one part (engine) gort more power, so did other parts of the car get upgraded to better handle the power (think brakes, suspension, transmissions, rear axles, for example). If you were starting with a 383 or 400 car, those upgrades would already be there, so just some tweaks would be needed (i.e., a transmission rebuild with a shift kit in the 727).
About a year ago, I was surprised when Nick's Garage (on YouTube) rebuilt an alleged 340 in a '73 Cuda, to discover it was a LA stroker motor. Cam was not disclosed, but that 408 stroker made 425 horsepower without sounding radical and was good in the street driving segments after the rebuild. "HEMI power from an LA motor", or something like that. Doint something like that is a much less invasive way to get more power and CID from an LA block and car. Rotating assys are available for such upgrades.
As somebody mentioned, a LA360 motor would be a good "drop-in" replacement, too. After a general freshening-up of the rotating assy, though. A future owner would probably go for that rather than a "hot rod stroker motor", I suspect, as this was a factory engine option in that car. Similar in concept to replacing a Chevy 305 with a Chevy 350 (to which new rings and bearings were added).
Telling a future potential owner the engine was replaced with a later-model 318 can be good to do, but with the commonality of repair parts from the 1968 model year forward, would not make much difference in which normal maint items the new engine would need. If the engine was taken in for a rebuild, the machine shop can check these things as a matter of course . . . as the casting date would be in plain view with the engine on the work bench. Similar if you go with the LA stroker route or a LA360.
In the middle '70s, a friend was driving a '68 Polara Fasttop. Neat looking car. An original 383 2bbl car. Something happened to the 383 and a '68 318 was installed. Yuk. That is when I realized that so much under the hood between an LA engine car and a B/RB engine car is different! As to location of items and related wiring that had to be changed. I don't think they ever got the wiring issues fully fixed before scrapping the car (from TX, no rust issues, just wiring issues "that somebody else can deal with"). Almost every engine-related harness had to be altered. THEN also consider that a B/RB engine single exhaust is on the rh side of the car and an LA single exhaust is on the lh side of the car . . . not a really big deal if a dual exhaust is planned.
Can a B/RB engine be swapped-in, as it was a factory option when new? Certainly. All things being considered, can it now be really financially justified with the new stroker LA rotating assys, as to added power? Not so much, to me.
There is a YouTube channel done by a guy that likes 318s. "318 Will Run", or similar. Lots of little things than can be done for little $, including modifying a factory spreadbore intake to take a non-spreadbore carburetor. Easier done than suspected! The engines are from the post-1970 era, so they are "emissions engines".
It might be a bit convoluted to follow, but David Vizard, in conjunction with Uncle Tony and somebody else did a 318 2bbl build over a year ago. All low $ modifications, generally, but with Vizard involved, I suspect some head porting was involved. I have never checked that series out, though. Seems like the finished engien was going to be raffled off to benefit St. Jude's Hospital or similar?
Your money. Your time. Your car. Your desires.
Enjoy!
CBODY67