Yes, I'm installing the 235 crankshaft and a higher-volume oil pump, and eliminating the Babbit lined connecting rods and the external spray-oil lubrication system used on the 216. That's probably what Steve is referring to as well. There's only one passageway that needs to be plugged in the 216 block to use the drilled crankshaft, and the spray oil system can be removed from the 216 pan, or an early 235 oil pan can be used, the one with the straight pan rail on the passenger's side. By grinding the 235 crankshaft to fit the 292 rod bearing, the slip speed of the bearing is reduced dramatically, allowing for higher RPM to be achieved with good lubrication. The crankpin diameter gets reduced from 2.312" to 2.100" and the rod bearing is the same as the one the 307, late model 327, and 350 engines use. 292 rods are also much stronger and more rigid than the flimsy 216 and 235 rods.
Jerry