Advice On SBC 350 and T5 Swap

[b2948kevin]

Hey guys, I'm looking for a little bit of advice. Since I have some specific questions, I thought I would start a new thread.

I just pulled the 250 I6 out of my 66, and it looks like it's more work to rebuild than it's worth. My next best option is to put a used 350 in there.

I am looking at a used Chevy 350 (supposedly 47k original miles, ran great. I know...) with all of the accessories today. Original intake, original exhaust, no carb. He wants $300, is that reasonable?

Next, I am looking to put a T5 trans behind the 350 to give me a better highway ride. I have the bellhousing for the 250 which I read mounts up just fine to the SBC 350 and to the T5.

I see this trans on CL: http://seattle.craigslist.org/tac/pts/2551068761.html

From what I read, the shifter will line up to almost the original spot. Should I go after this?

Mostly, I'm trying to make sure I don't make any obvious errors. I did a bunch of reading on this, and I think this is correct.