As Johnpro said, unless you do something to bring the compression back up to where it was with the 302, then your efforts are wasted.
Two other things to consider, (1)the W heads have the same horrible exhaust ports as 302 heads, unless you are capable of removing the thermactor "bump", in the exhaust port then your better off keeping the 302 heads. (2)Only 69-73 W heads have the slightly larger intake ports and valves....