When I did a 302 for my 67 mustang a few years back, I did the lower half of the engine on the engine stand so I could spin the block, and once that portion was done (including oil pan) I moved the block over to the engine run stand and assembled the rest of the engine on the run stand. Worked out really nice and attaching the short block to the run stand with nothing else on the block was breeze.

Not sure what type of engine stand or hoist you have, but I had no problems getting my hoist legs to clear the engine stand.

Jim