| Oliver,
 
I would remove the radiator.  If you choose not to remove it, place a piece
of cardboard in front of the radiator to protect it and your knuckles.
Years ago when I did this job on my first car (a Buick), a wrench slipped
and punctured the radiator.  
 
I also have a 1973 and years ago I purchased a replacement water pump with
an aluminum housing.  On my car the water pump housing has an appendage that
the alternator attaches to.   Very shortly after replacement the appendage
snapped and I lost this mounting point for the alternator.  I ended up have
to do the job again using a steel water pump.  My recommendation, if you car
is set up like mine, make sure the housing of the replacement is steel.
 
John     
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