The engine that came with the truck turned out to be thrashed, and in need of a full rebuild- again very luckily I came across a 2H in a local wrecking yard for $2000, out of a 1986 HJ60, with 315,000km on the clock. This engine has proved to be in fine shape.
In summary then, this is what I ended up with after all that time, expense and effort:
-LHD HJ47, 12v.
-power steering, with a 2000 Bandeirante gear box, modified rad., and oversise TRE's and rods, with the tie rod over the axle configuration.
-4 wheel disc brakes, 4Runner calipers all around, 80 series booster and master w. 1" bore, and proportioning valve.
-rear Full Floating axle, 8-bolt
-aprons customized to mount 70 series turn signals
-near new pto winch on the front, from a JDM HJ61
-factory fog lights and switch
-factory tachometer custom fit to dash
-factory pintle hitch
-H41 transmission with split case (rebuilt completely) and parking brake (all new) mounted on case.
-diesel 2H without EDIC system- uses simpler VSV-controlled set up, and custom throttle damper (from a Mazda 323) adapted on.
-60 series steering column adapted to fit, with significant dash customization. This gives me a collapsible column, and switches mounted on the column instead of the dash.
-60 series seats.
-new OME Dakar springs, and SprungArt greasable shackles, new OME shocks of course and steering damper.
-new glass front and rear, new fender and bib. All rust cut out and new metal welded in, as close to stock as I could manage. Tub is coated underneath and in floor pan with SEM truck bed liner. Epoxy primer underneath.
-all new weatherstripping and rubber everywhere. If I could obtain it OEM, I got it.
I think I have a pretty unique truck, and it certainly garners it's share of attention whenever I take it out on the road. A lot of people seem very happy to see it - like it makes their day! It makes my day to drive it - I'm very happy with how it came out. I think my truck looks 95% stock, though it's actually quite customized - only a LC nut would notice the differences I think.
I drove the truck across the continent shortly after completing the rebuild, and with a ton loaded on, returned 17.5 mpg at an average driving speed of 60 mp/h. That was pretty good I thought.
Many people around here in MA see my truck and are so unused to seeing a 40 series in long wheel base configuration that they ask me if I cut up a short wheel base to make my truck. Also, the aluminum tray on the back gets a lot of questions and interest.
It's a good truck!