yes on the shaft and rockers,yours will work
a set of good 302 on you older 318 is a good upgrade for a stock type build
it will up the CR some to boot
the mag heads need some mods to fit and work out the rockers and oil thru PR
you want any of the pre mag heads 85 up
I have used them on a cople 360s for low end torque and pulling power in a truck
I did bump the valves up to 1.88/1.60
with a home pocket port
ask for a shot of the cumbustion chamber side,it will have a hart shape to it with a point inbetween the valves..closed chamber
you can reuse all your stuff and just bolt the heads on after clean up and seals and valve job
they have retainers on the exhast spring,you can round up 8 more intake retainers springs to drop them as they hinder valve lift when going with a bigger cam