benefit of a "327" over a 305 big bore ?

You're probably not going to see much gains if you're talking about putting it underneath stock 2V hardware. The heads/cam/intake aren't even enough to feed a 4.6L at 6000rpms, much less something bigger than that.

From what I've read, a bigger bore helps unshroud the valves, which is an issue with the modular engine's narrow bores.