Why not drill a 216 crankshaft for full pressure oiling, destroke it to 3.25", and run that crankshaft in a 235 or 261 engine block?
Jerry
Good concept Jerry, but I don't think it would be possible to drill a 216 crank for full pressure oiling. Because of the large lightening holes in the crank throws. Maybe if you have a flexible drill bit that can drill around corners.

It would definitely take some pretty precise drilling if a straight line between main and rod journals could be found to miss those lightening holes (which 235 cranks don't have.)