If you haven't raised the compression, the best fuel would be regular. There is absolutely no need for premium fuel unless the engine has been modified and the compression is above 11-1. Companies will try to convince you otherwise, but don't waste your money. The reality is, your vehicle will run far better and with much less need for repair if you only purchase fresh fuel. Most stations pump far more regular than any other grade of fuel. That makes the regular fresher and assures that it will give you less problem.
Regular Unleaded 87 Octane is sufficient. Buying any higher octane is a waste of money and will provide no benefit.
Your question is a little vague, so im assuming you're asking which is better between 350 and 305 heads. Many people will tell you it doesnt matter. I think if you have a 350 engine then you should use 350 heads. the 305 heads will have higher compression, which will make the car louder, and somewhat faster, however, if you use 305 heads on a 350 engine then you should use a high octane fuel, so it will be better on your engine. Only use 305 heads if you know what your doing. if not you should probably stick with 350 heads. i hope that answered your question.
That was a real low horsepower engine in that model so I think you can get away with regular in it.
Is a 2.8 liter engine a 305?
In lure of saying it can not be done, I will just say. It is not logical or practical to make a 305 into a 405. The 305 should never be bored out more then 0.030 over it's original size.
Should be the 700R4
SAE 10w30 is a good choice.
How can you tell a 350 from a 305 engine?
yes. it should work fine.
305 Small Block Chevy engines typically were 8.6 compression ratio and would use 87 octane fuel.
It should, but the crossmember is off about 6" from the 350.
600 cfm will be enough for that engine.