If it's a daily driver, how about a "rolling restoration"? Keep it on the road, at least mostly, while you tackle one job at a time. For example, one weekend, redo the brake lines, next weekend, do one wheel/brake cylinder at a time, etc. You can still drive the truck without a bed if you have to. If you find a local paint/body shop you like, you can even do one fender at a time.
If the engine needs to come out, that's sortof a threshhold to me. Maybe you could do as much as possible with it rolling, then, when the engine comes out, take the cab off and do the frame then. At least that way, when you need to put it back together, everything else is ready to go back on immediately, instead of having to wait for brake parts, etc. Might minimize your down time.
My thought, anyway . . .
-Michael
