E7's on a late 60's 302???

The best thing to do would be to port the E7s. They can be ported quite a bit and will give you a pretty significant gain in power if done right. I would have them milled though, the combustion chambers are rather large. Your compression ratio would go down with these heads on yours stock 302.
 
E7TE is spec'd at 61-63cc combustion chamber from the factory. Smooth out the intake and open up the exhaust, give it a valve job and it'll offer more performance than any 60's smallblock head, except the 289 Hi-Po head ....maybe.