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in looking at service manual #3. i think you may have found the basic difference. the 470 has a 2bbl. the 488 has a 4bbl.
as for how to tell if ya got a 2 or 4bbl. i suppose look down the air horn and see if ya got 2 venturies or 4 (2 throttle plates or 4). looks to me like the 488 had the qjet 4mc, the 470's had either a rochester 2gc or a mercarb on them. both 2bbls.
Quick way to tell if your not carb savy is look at oil filter. If it is horizontal and screws to block its a 2bbl 470. IF its vertical and screws to an adapter, its a 4bbl 488, these have an oil cooler built into intake manifold, hence the adapter....