Interesting and unusual swap.
Once upon a time, this area had heaps and piles of 366 engines. Fewer--but still plenty--of the 427 tall-decks. They're pretty-much all gone now, long ago replaced by various diesels in the farm trucks. The 366s got cleaned-out for the forged cranks, same stroke as 396/402/427, maybe the rods, and everything else scrapped. The 427s had good cranks, sometimes good but not race-spec rods, and the blocks were sometimes cast with clearance for a 4.25-stroke crank to drop in with no clearancing needed. Everything else got scrapped.
Does your 366 have reasonable-sized valves in the cylinder heads? Some had really-tiny SBC-diameter valves.