I concur on all points in spades!!!!
I have a bunch of car mags, i.e. Car Craft, Rod & Custom, Hot Rod, Super Chevy, Chevy High Performance, and many others from the middle to late '90's that have all kinds of articles on building up 402's. From what I've read it's what GM called a 396 for insurance reasons. The reasoning behind that was if they said it was a 396, it wouldn't be as much to insure it as a 427 or a 454 which the insurance companies took a very dim view of. For some reason they thought a 396 wasn't as dangerous as a 454 in a Vette or a Chevelle, or worse a Nova. They could just see some 16 year old kid wrapped around a telephone pole, but if the car had a 396 in it he wouldn't be wrapped around it as far.