For a "nicer ride" you could have new leaf springs made to suit your needs. A good spring shop like Eaton Detroit Spring may be able to help you out there.
It'll still be a big truck and won't exactly ride like a car.
For disc brakes check out this Tech Tip:
http://www.stovebolt.com/techtips/bigbolts/p30swap/The same approach could work for your truck.
What do you plan to do with the truck, how will you use it?
Grigg