First off, three speeds have generally been considered marginal at best behind a three-speed. I'd highly recommend ditching the three-speed in favor of a stronger transmission. That will require different driveshafts... or compromises that shouldn't be made.
If you swap in a split case transmission, you'll lose the t-case mounted e-brake and will need to find a different solution. 1) One option would be a newer 40 series axle. 2) Another option would be to do a disc brake conversion using GM mini-calipers using calipers that have an e-brake on the caliper. They have issues working with the Toyota range of motion of the e-brake lever... or so I've read. 3) Find a split case mounted E-brake of a different kind.
I'm very happy with 33s, 3.70 gears, a stock '74 four-speed, and a healthy 350. LS motors likely make more sense in many ways... but weren't an option for me when I did my V8 swap in '96. When that $300 350 died 21 years later it was much easier to drop in another (even nicer) $300 350 4-bolt main than to rebuild the older '69 engine or swap in an LS engine. In 3rd gear it'll pull from 800 rpm, it'll easily start in 2nd, and it'll easily cruise along at 60 mph with a light throttle.
If you swap in a split case transmission, you'll lose the t-case mounted e-brake and will need to find a different solution. 1) One option would be a newer 40 series axle. 2) Another option would be to do a disc brake conversion using GM mini-calipers using calipers that have an e-brake on the caliper. They have issues working with the Toyota range of motion of the e-brake lever... or so I've read. 3) Find a split case mounted E-brake of a different kind.
I'm very happy with 33s, 3.70 gears, a stock '74 four-speed, and a healthy 350. LS motors likely make more sense in many ways... but weren't an option for me when I did my V8 swap in '96. When that $300 350 died 21 years later it was much easier to drop in another (even nicer) $300 350 4-bolt main than to rebuild the older '69 engine or swap in an LS engine. In 3rd gear it'll pull from 800 rpm, it'll easily start in 2nd, and it'll easily cruise along at 60 mph with a light throttle.