I had that car! (a 1976 Nova 4 door same engine)
That it is clean under the VC is the best news.
Why not pull the plugs and do cold and wet/cold compression checks?
Ha-ha...back then I'd use the 10W-30 in the Winter and go to 10W-40 in the Summer for all cars.
NOTE: There was a pair of concentric extension springs (one part number) on the carb linkage of my car. I noticed the larger of the two springs. It was broken and hanging off one link.
I took the broken piece to a Chevy parts dept. and the lad produced the 2 springs. I said there was only one. He answered that there were indeed 2 springs..."it's a '76, right?".
It's a single part number so you get both anyway.
Sure enough, there were linkages requiring both springs. Took me 20 seconds to hook 'em in place.
By '78 I don't know, but look at your carb's left most side and see if there are broken spring pieces hanging there or disconnected linkages swinging in the breeze.
NOTE: My '76 had the inferior T200 trans. It was one of the many vehicles involved with the famous GM "Parts from other car divisions" scandal.
When the reverse actuation piston cracked in mine (resulting in weak reverse engagement) my friend installed a rebuilt T450 unit.
I took the drive shaft to a shaft shop for new U-joints (squeaking they were) and balancing.
Rode like a dream.
Apricot Whip with an insane red plastic interior. It came with a 25 gallon tank.