It's an interesting experiment... and I rather like the lines. But with the angle involved, I'd have just welded in a set of spring wrapped bars if I wanted the shock look. With the extended swingarm and the extreme angle, unless you weld the eye and clevis to the mounts, she's going to fold up on you. Been there in the early 90s, CB500T chopper. One good bump at high speed and the shocks moved on the upper mounts, bike got stuck in a V shape until we popped the mounting nuts loose and used a floor jack to level it back out. Welded the shocks to the upper mounts, ran it for 6 months before the mounts tore off the frame.
Looked cool as hell, worked surprisingly well once welded together, just didn't hold up. Ended up cutting down a Triumph aftermarket weld on hardtail section and grafting it in.
I say go for it. It's a CB360, after all, not like you damaged something rare or valuable if it fails on you. You can't spit in a motorcycle junkyard w/o hitting a few of those.
Of course, I may be a bit warped, drum conversion on a late model and saving up for a rigid conversion kit. I hate exposed shocks...