I have done several PG to T350 swaps in midyear vettes, it is an easy, very straight forward swap. Trans will bolt directly in place and can use the same mount, crossmember, trans lines, and driveshaft. Modulator line will require a small amount of modification, orig PG shifter will work, but you will need a shifting arm to mount to the trans as the powerglide arm is not one that just bolts on. By experimenting with the length of this arm you can make the shifter work all the gears, the indicator will just be slightly off. Flex plate and starter will work, just be sure your converter has the smaller GM bolt pattern on it, (I like to try and find an 11" converter) you will also need to fab up kick down cable brackets, not required to make the trans fuction, but without your WOT shift points will not be very performance oriented. As for the 700R4 trans, much beter trans with the advantage of having overdrive, I have had one in a 67 for 9 or so years, makes it a fantastic road car, but is much more difficult to install, requiring many more fabbed up parts. pop me an email if you need more specific info, happy to take a phone call as well.
Dennis