Good idea.
The 200 cube engine will not consume any of the extra air-flow or velocity. Its sorta like tying to shove 55 gallons in a 33 gallon drum.

Somewhere it's not going to take the drink. Not unless you get it to rev and cruise at a ratio of 302/200 faster. So instead of 5000 rpm maximum, 7500 rpm. Instead of a 2500 rpm cruise, then 3750 rpm will have to be it. In the end, you use as much fuel as a 302!
To answer your first question, the vacuum on a 302 at wide open throttle is actually less than 1.5 inches of Mercury. The flow rate is 630 cfm at that point. But in the 5.0 LX and GT, they never used more than about 410 cfm at maximum revs.
The secondaries crack open very quickly on 5.0's, apparently. This happens in aconditional way. With most mech sec carbs, around 2/3rds throttle, and the secondaries open. With the vac sec its conditional on a number of things.
1. at around the time the throttle is about 60% open.
2. and when the transfer slot between the non-flowing secondary and the primary (at full gale), allows the secondary spring to get over loaded and open things open.
3.The vaccum? Possibly, guessing, about 5" Hg, but it dependes on the weight of the car, and the rate of the throttle stab, and what the road gradient is.
If the car is undercarbed, like a 390 cfm 4-bbl on a 300 six, it'll open often. On a 200 cube car, it possibly would
never open at all. The front half of a 4180 is equal to a slightly bigger 350 Holley 2-bbl. There is about 185 hp there if it was jetted for performance, and you shoved a suspension spring-like secondary spring in the carb.

Lots to think on....