Quote:
Originally Posted by lizziemeister'sV6
The timing chain cover is the water-pump housing on a 305 - this will fit your 478M - you will need to plug the balance shaft oil holes under the cover/ change the timing gear/chain set-up - the crankshaft/flywheel switch over is where the problem/expensive part comes into play. The person to contact on here would be BBV6 (Pete C.) as he has done this engine switch. From my experience on these motor swap/improvement would be a 351 of some version - far easier and less expensive with a good improvement. 
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Greetings, lizziemeister!
Not only will he need to change from timing gears to timing chain and sprockets, he will also need to change the camshaft itself, since the original 478 camshaft will now be rotating CW instead of CCW. There is a difference between cam grinds on CW and CCW rotating camshafts.