Mine is a 69 J. Cool car. The OP has the right idea, it should be cake except for mounts. But the 69 GP has an arrangement that should be fairly simple to adapt, probably only requiring a fabricated plate and your Olds mounts. Watch out for height though, so you don't create hood interference. Plumbing and wiring differences should be minor or non-existent. Trans and converter should fit.
Not having tried this swap, all I can say for sure is that in Pontiac-speak it's like putting a 389 in a Judge. A step backwards. But it's always cheapest to use what you have. That engine would probably drive nice in there. If you are not sure about the Olds' compression ratio, you may want to do some inspection and research to determine if it's use is feasible with fuel currently available in your area.