For so many reasons, the 383. If I had an empty engine bay, and the choice of a 318 or 383, it wouldnt be much of a choice for me. But also, you said the 318 was owned by a less than stellar individual, and you are taking his word on its condition. The 383 is owned by a friend so, hopefuly, its condition is a known commodity. For peace of mind and a happy right foot, I would go 383.