I also have a 38 that I bought as a basket case, it will be a hot rod. Don't let the negative folks scare you. I've done MII kits before and it really isn't hard. The Speedway crossmember is the same as the more expensive ones of the same design (TCI, etc). I have the Speedway crossmember on hand already and it's very solid and we'll made. They are made in the same place. The instructions are easy to follow and you can preview them online to see what you're in for. I'm a couple weeks away from making sparks fly, so if you're not in a big rush, I'll make a project post and you can follow along. There is someone in the classified section selling a MII kit for $600, it's for a ~51 truck, but just buy the correct crossmember for the 38 and you're in business.
