that olds probably has a 307 olds motor...all the tune up sticker on them says is 5.0 liter.not a very good engine, but it has a roller cam..and that's something, i guess..
to answer your question- yes, it COULD be used, but it is totally different than a chev motor, and never came in camaros.but it did come in late 70's firebirds, so i guess it could be done with factory parts, but why bother? for the money spent on all the parts to do it, you could buy a 350 chev long block and be running again in a weekend..
1971 Nova(looks like 69 camaro from underneath!)
355sb, vortec heads, HOT cam,T-10 tranny, 3.70 gears 16" IROC wheels