Thought about it. The conversion is way beyond my capabilities so I got a quote from Proffitts....in addition to the sticker shock and wait list (12 a 18 mo. before they could even start), I ended up deciding it would be somewhat under powered for a wagon. No sense in trading an anemic, aging F engine for a sluggish diesel. .02 worth....
I'll be interested in the outcome should you go down that path...keep us posted. All the best
I owned a 3.4L cummins powered FJ55, the 6AT- turbo, indirect. Near stock HP and torque ratings for a 2F. Not a lot of power, but it was far from sluggish. It wouldn't rev up like a V8, but it certainly would move. I drove the truck at about 70mph, with 33s, 4.10s, and a .73% overdrive. With the roof rack on, the truck got anywhere from 17-20, but with the roofrack off it would bump 23mpg.
The conversion was done by Royal Rose, and at the time the 6AT wasn't hard to source and was fairly inexpensive (about $1000 iirc). The truck needed an overdrive, and fairly tight spacing while shifting. The biggest limiting factor was heat- while the truck could still pull up hills, it needed to slow to keep the EGTs down.
Fun truck to drive no doubt, but honestly I would not go with an indirect engine again, especially if the truck saw any other use other than trail truck. The cost of an engine in good running condition, work needed to fit the engine into the truck (including transmission/ gearing costs), and the cost of operating the vehicle (cost of fuel, filters, oil, spare parts, rebuild bits etc.) all must weighed against the intended use of the vehicle.
Thus, for those with the money, time, and the whereabouts to do so, build it! Otherwise there is nothing wrong with a fresh 2F or even a V8- all viable, strong engines.
Edit- on availability, with a 35 gallon tank with no fuel gauge, I drove the truck till the ODO said I had gone 400 miles, with usually 110-15 gallons still in the tank. Never had any issues finding fuel for as long as I owned it.