I installed the same kit on my 62 SS 409 Hardtop -mine has a long rubber hose in place of the metal pipe.
That kit mounts horizontally into the back road draft hole in the intake manifold.
Does your 348 have a mount in the back edge of the intake manifold pointing toward the firewall -I thought that kit was for aluminum 409 intake manifolds
No change in how engine or carb runs -that kit replaces the factory road draft tube from the back of the engine.
That Show Cars kit replaces the road draft tube and requires a breather style cap(
see link below for this cap) on the oil fill tube on the front of the engine to have a breather setup on the front and back of the motor -like the factory did - without breathers in the valve covers
Paul