Some of the budget 3.75" cranks end up NOT being a deal. They can take heavy metal to balance. That will blow your budget. Also, they are not always the roundest, straightest cranks. Buyer be aware!
I like your cheap idea. Check with your local machine shops for deals. We always have blocks, intakes, heads, etc.. My 327 steel crank was free and so was the 350 steel crank and 4 bolt block.
Watch out for the pro-comp parts in the heads. They can be not so good. We've even had seats from them that needed replacing.
What parts do you have already?