howdy,
Generally yes.
From John Mummerts site,
http://ford-y-block.com/partstolookfor.htm
Blocks: Almost any 272, 292, or 312 block can be used for performance use. 272 blocks can be bored to standard 292 and since all other internal components are the same this gives you a 292. 292 pistons are easier to find, cheaper and have a better ring selection.
Cheers,