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Just change the injectors and the prom in the computer and leave it TBI
The ECM is the 747. Most popular ECM in terms of people using them. The injectors from the 305 will work but to get the most from the motor at full throttle you need bigger injectors. An alternative is to raise you fuel pressure by making the regulator adjustable..The O2 tells the ecm to change the fuel metering, but it is basing it on the tables for a 305 in the PROM At WOT the computer isn't controlling much of anything.There is NO way I would convert one back to a Carb. You are talking 2 injectors and a gasket kit for the TBI and a GM PROM as opposed to converting the fuel lines to feed a carb, adding a regulator, removing all the wiring, buying a carb and distributor and a intake manifold. The injectors are $70 apiece and the PROM is about $100.