Mmmm... Torque is good, but IMHO (and I'm a Mopar guy) a 440 is overkill.
I had a big long write-up about the pros and cons of various V8s, but I'm fairly sure it would go to waste or get so cut up by others it wouldn't be funny. Instead I'll say this: 5.0 Fords are installed in these cars for good reason. SBCs are great, but they weigh a bit more. They'll make much more power than the 5.0, which'll overcome the weight easily enough, but can damage your handling. This too can be overcome with $$$ invested in alloy heads and intake, but I'll bet you're asking about the 440 not because you have a wallet full of cash but because it's available to you.
I'm sure you can get the 440 to fit. You may have to cut out a good chunk of the strut tower/inner fender to get headers to fit, or you could try sticking with the cast iron manifolds (though I doubt they'd fit at all) so you'd probably have to build your own tubular log manifolds. I'm almost positive that you'll never find an oil pan to fit, so you'll have to make your own or go with a dry sump, and I really doubt that a big block 727 transmission will fit in the existing tunnel. You may have to chop out a bit of the rad support crossmember (actually, I'm not very familiar with the 740s, but I know the 302 fits pretty tightly into my 240 with the pulley stack I might be using) and move the radiator forward. I'm betting that you'll need to get a custom aluminum rad built, 'cause the V6 rad ain't gonna be big enough. Then there's the question of whether your hood will close or not, or if you'll have enough clearance between the hood and carburator to be able to breathe.
Lots of buggery, in other words, and once you get it running, will you want to drive it?
I'm losing enough sleep trying to figure out where I'm going to put everything in my own car...