Sounds good. You'll have to hack off almost an inch in total length, and reduce the height by about a half inch to get it to look tight. Just enough of a gap to allow for some custom padding when you slam the trunk down too hard.
I'm thinking of taking a circle saw to mine next weekend, just to see what I can do!!
'68 428 HO M3 Monster, 4-on-the-floor! Need I say more?