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Wide open throttle should be full open at the throttle valve lever at the transmission. You might be close. You need to tighten up the adjustment at the carb to give it more pressure. That will raise your shift points.
Keeping the fuel moving prevents vapor lock. A filter close to the carb with a return port back to the tank takes care of it. The 6 Pack cars had a vapor separator and return line.
That's a toss up. Your choice there. If you were to sell it your 340 will probably be more popular to more prospective buyers. But, even with a 318 car, it is worth more to the purists with the original engine. If you don't have the original engine, I would just leave the 340 in it.
They could be anywhere, Back seat bottom, above the glove box liner, under the carpet, under the bucket seat back panels, and even taped to the roof before the headliner install. Most people check the back seat, glove box and seat backs in that order.
180° is my choice. Buy one and boil it in a pan on the stove with a thermometer to make sure it works right before installing. The cheap ones at the parts store aren't worth bringing home.