i have a '70 hardtop cuda and that seem was filled with lead.
i did notice, before getting the car blasted, that the lead seemed to be bulging out just a little, perhaps due to a bad leading job but my guess is that, because of the flexing of the panels, the lead was "kneeded out" with years passing and, because it's lead, didn't go back to it's original shape, paint wasn't cracked though!
it was a slant six original so not a lot of "torque damage" but as i'm installing a 440 now, i will be putting in torque boxes, subframe connectors, swaybars front and back but most importantly, i will be strengthening all the seems inside and out with extra welding just to make it more ridgid!