How do you want to use the truck? Any advice will be much more useful in the context of your desired usage.
That said, what other modifications are you considering? What transmission?
The differences between installing an automatic or manual transmission might clarify some of your choices. If using a manual you have some closer to stock options that might be attractive.
Also using that V-8 crossmember is a good way to mount a Chevy 250 inline six which might be a good option for you.
Others will be along with more I'm sure.