Yes, should be more than fine, provided you've got struts (i.e. shocks) that are compatible with your springing.
I've got a late '74 with an old iron-block/iron heads SBC that I'm running with 224 lb/in front and back. And previously, I was running Tokico 5022 springs, which if I recall correctly, are 185 front and 200 rear. I daily-drive the car in the off-season, and race it pretty regularly summer and fall...mostly auto-x and closed-circuit HPDE.
Good luck with it and be sure to post your results for the benefit of everyone else.