Welcome to the V8 madness
Trailrider098,
Welcome to the V8 madness. I'm entring the final stages of my own V8 conversion. I have a 2004/2005 5.3 Vortec with a NV4500 transmission to the stock Toyota transfer case. I started this project about 15 years ago with just doing research and saving up bucks. This past March 3rd I started up the cruiser for the last time with the original 2F motor and pulled her in the garage for what I thought was going to be a 120-150 day build. (Wrong !!!!!). Here is a couple of things you should know before diving in:
1) you have the greatest collection of cruiser heads on this site. I have called on fellow members for help here and there. A special thanks goes out to Elbert. He has helped me out a lot. I will return the favor.
2) The choice of the 5.3 is perfect. Not to big not to small. Just right. Get the motor from a reliable source. (The engine/wiring guy I chosen turn out to be a real jac

). If you have not pick out the year of the motor here is food for thought....5.3 until 2003 come out with a cable throttle. 2004 - 2005 can be fitted with a 105mm throttle body and the PCM can be programmed for it. After 2006 I believe you have to use the throttle body that is controlled by a wire throttle peddle. If that is the year you have for the motor or want get the peddle and the hardness.
2) NV4500 transmission. The best from my research is the POST 1996 Chevy 4X4. The Dodges were mostly made for the diesel motors and require a change out of the out put shaft. Plus there was a recurring problem with the Dodges that I can't recall at this time. I order a 96 chevy granny for a Phoenix junk and got a 1992 - 1995 NV4500. This required me to re-oreder my Bell housing. There is a slight difference the bolt patterns. The 92 - 95 have a bolt patten that is 4.5/8 from the top to the bottom bolt holes. The 96 has 5 1/2 inch bolt holes. Advance Adapters has both. Just have to knot which tranny you have to order the correct bell housing. All of the I genial parts are the same. I have the external clutch slave cylinder.
3) For the external clutch salve cylinder you have two options to make the stock Toyota line work. The stock Toyota clutch master has a hard Line that runs from the drivers side to the passenger via the fire wall. You can run a rubber hose from the pax side to the drives side to where the new location of the slave cylinder is. Or splice into the hard line and run the Lind down the fire well the the C channel frame and then front about 6-8 inches. Then a stock Toyota rubber hose/line will connect to the slave cylinder.
4) the stock Toyota transfer case is a split case that will require the case to be taken apart from the stock Toyota (H-42) transmission. There are four 19mm bolts thT hold the tranny to the transfer case. Two at the top.....LT/RT. Then the other two are on the bottom LT/RT but inside of the transfer case. Hens the reason why the transfer case a to be pulled a part. So this is a great time to also buy a transfer case rebuild kit. Go for the big kit that has all of the gaskets/seals and BEARINGS.
5) VSS........ Go to JTR (jags that run) web site and order one of their VSS adapter kit for the FJ60 cruiser. It's basically a copy of design of one offered by Downey. Downey call it quits in June of 2009.
6) Advanced Adapters offers a kit to install the stock Toyota shift for the transfer case. The kit is not perfect. It will need a little more fabrication in order to get the shift pattern correct. You have to put a bushing in between the AA bracket and the pivot shifter of the stock Toyota linkage.
7) Transmission hump plate will have to be modified. The NV4500 will require that an extra notch will have to cut out in the front. The transfer case shift will require triming of the back porting of the plate. Maybe 2 inches or more.
8) fuels system go talk the guys at Summti racing. Tell them what you are doing and they help you design a fuel system with a return line. Plus they have all parts so you only have to make one phone and one trip put to the mail box. Unlike the engine/wiring guy fu

that wasted a lot of time and money.
Traileide098, let me know if this was helpful. I have a lot of picture I can post to help you out. Let me know exactly where you are in the project stage. Getting parts....or about to get parts??? Post some pictures.
Below is a picture of the cruiser about a 1/3 of the way done.
Enjoy Jason.