Re: 135 hp tower of power swap
The 135hp powerhead will not fit a '72 or newer tower. '72 and newer use a different design of tuner plate (a 2-piece, thicker plate) which is not compatible with the older, open-plenum 1350 block. If you had a 1350 (or '70-'71 1150) mid-section, it'd bolt right up in place of your 1500 mid and you could bolt up the 1500 lower unit as well.
The 1500 carbs should be compatible, maybe re-jet them to .080 but you'd be pretty close in any case, running ethanol-fuels she'll run leaner than in the Old Days with good gas!
The 1350 is a non-power-ported-piston motor with very large intake/exhaust ports, it's a strong runner and no other inline except a power-ported motor will touch it. The other concern would be the ign systems, if your 1500 is distributor-fired there's no problems, all will swap over just fine. If the 1500 is an ADI, that's not compatible with the older distributor motor, without a ton of mods.
BTW the 1350 crankshaft would interchange with the 1500, however you'd need the correct pistons for the application (unless they used 'holey' pistons in the 1350 when it was rebuilt).
HTH & G'luck.........ed