I purchased a 1968 M715 from a member a few months ago. He had the truck for several years and used it to off road. The previous owner installed a Chevy 350, new non-power master cylinder, and power steering. The truck was equipped with fairly new 38 inch Mudders, a Detroit Locker in the rear, locking front hubs, and there was a new (in the box) locker for the front end.
After reading quite a bit, I have decided to start my build. I have promised my wife I would not spend money unless I earned it working second/third jobs, or selling parts. Here is where I am at thus far.
Purchased original truck for $2300.
Sold stock axles and locker for $600.
Purchased 1985 M1008 for $900 (non running) and pulled the axles.
Sold the rest of truck for $300 (broke even).
Traded 38 inch Mudders for 39 X 15.5 inch Mickey Thompson Baja Belted tires.
I am swapping the 14 bolt to rear disc brakes. New spring perches will be welded and stock rear springs with a couple of leafs removed will be used. The front springs will be moved under the frame and Chevy 2 inch lift leaf springs will be used in front.
The existing engine sits very close to the firewall (the previous owner hammered in the firewall to clear the valve covers). I have a 700R4 that will be rebuilt to include a Corvette servo. The engine will be moved forward several inches.
I have been reading the November 2009 JP Magazine article on how to get 400 HP - 400 Lb/Ft of torque out of a Chevy 350 crate engine without any machine shop work. I am considering incorporating some of the suggestions into my small block.
I am currently cleaning up the axles for a fresh coat of paint, the onto welding in spring mounts in the front. The transmission will be next and then.....
Thanks for all of the great builds everyone is doing. I have gotten a lot of good ideas. The goal is to keep this project on a very reasonable budget. I have said that before though so we will see. I will try to download some pictures if I can figure it out.