When re-wiring, I recommend a complete universal harness. These are pretty foolproof as each wire is lableld every 6". If you decide to do it on your own, Cabelas sells a marine fusebox that is very reasonable. Use masking tape to lable each wire.
There are complete front end rack and pinion kits - Mustang II front ends that are made for these trucks. Makes for independent suspension, discs, and 5 lug pattern. They run about $2k.