I respect you guys for dealing with these things and making them work for your rigs, as long as you are happy with the performance, that's what matters.
However, there is a reason the 366 has a boat anchor reputation, it's because its the weight of a big block (or more: thicker, taller castings) with the displacement of a small block. They were only created to last a long time, past the standard 100k - 200k miles, the power/weight ratio is pretty low. But with the right gearing, they did what they needed to do, and kept on doing it.
The 427TD is a different animal though, I have built a mild 496 out of a 427 block that made 650 hp on pump gas. Of course the same engine could be built on a regular 454 block, the rods would just be shorter, which is a whole different can of worms.
Also, be careful with the nitriding. Because nitriding is only a few thousands thick, and if you have the crank turned for new bearings, then the nitriding is gone unless you send it off to have it nitrided again.
I would like to build a 540 or 555 standard deck someday if I could ever save up enough money, now that's entering big block territory!