For a stock 305, if you choose not to go with a Q-jet. I would think a 500 cfm carb would be sufficient for your application. Nothing larger than a 600 cfm. If your engine still has the stock spreadbore manifold you would need an adapter to be able to utilize a square flange carb (Holley, Edelbrock, Carter, etc.) I would go with a good rebuilt Q-jet. That's what my first choice would be for economy and drivability.