I 've done this vary swap. If you are keeping the 79 carb and fuel pump you might want to use a return line to the tank. I believe I used a 78' fuel pump to do this. I desmogged my truck. I would highly recommend pulling your head, replacing the gasket and possibly having the head checked out by the machine shop.
Do a compression check first!!! If you've good numbers you may be ok. Check you oil cooler for leakage and put in a new pan and rear main seal before (and side cover)you install this engine regardless of whether or not you pull the head. I bought all new toyota gaskets from the dealer (w/ TLCA discount), you might want to call CDan and get these ordered. My fj is the only truck I own that doesn't leak oil!
You might be able to get by with out doing this stuff but you'll kick yourself for not taking the time and money to do it know with the engine out. I have a hard enough time working on that thing in the engine bay, being 5'7" sucks with a lifted truck and tires, but even without the lift and tires it's a stretch to work on that engine. It's nice to work under though!!! good luck feel free to pm me if you've got questions. I might be able to help you with the wiring should you have any issues. the worst one was really only the temp sending unit. The carb and head both have one. Wiring for the smogg systems would be a challenge I believe so I dumped the emissions for space, power and symplicity