I have a 71 low compression 402 (date matched heads/block) I cant give away up here. Maybe a regional thing , but pretty unpopular engine on the North Coast ? Although a 396... 2 camps tend to be your high r small blocks , or 454+ cubes, "427"s tend to be stroked 400's up to 454's(with some issues)
302's have a unique, wonderful sound throughout the RPM range ,they just do. But....they are not real traffic friendly, they were purpose built ( Kurt S.)
My 400 (sbc) backed by a turbo 350 and 4.88's pulled the wheels ,ran consistent 12.5's (fast for a street car in the day)and behaved well in traffic. Did I mention shift point was 7800? Never broke with that set up. Although looking back, geared to steep, was a better 1/8th mile car.
Yes the 302 is going back in the Z, ready on the stand.
Dollar for dollar, cant go wrong with a crate 383. but...
IF it is a Z ,it needs a 302 (smiles) They define each other.