Thought I would give a little update on this, I haven't driven the car in over a month now, trying to keep it from degrading any further.
And, thank you thereverendbill!! that's an awesome link!
The latest and greatest plan for the beastly is a complete 4.0 swap from a 91 to 95 jeep with the auto and 4.0. complete with 2 speed T-case, 4 speed auto, and fuel injected 4.0. unfortunately this will need the modification of driveshaft lengths but i'm good with that.
I'm also hopping to do the 4.5 stroker if I have time,
4.5L Low-buck simple stroker
~ Jeep 4.2L 3.895" stroke crank
~ Jeep 4.2L 5.875" rods
~ Jeep 4.0L 3.875" standard bore pistons
9.7:1 CR
~ CompCams #68-231-4 206/214 degree camshaft
~ Ported HO 1.91"/1.50" cylinder head
~ Stock 0.051" head gasket
~ 0.081" quench height
~ Ford 24lb/hr injectors with adjustable FPR or MAP adjuster for '87-'95 engines, Ford 24lb/hr injectors with stock 49psi FPR for '96 and later engines
~ 260hp @ 4850rpm, 321lbft @ 3500rpm
It shouldn't const me a whole lot of cash I have have all the parts needed except gaskets, cam, and the 4.0. Ideally I get a 4.0 that doesn't need a whole lot of machine work done to it. I've also got a gift card for MoPac that should cover the camshaft.
I am also very actively looking for a jeep with the 4.0 and auto tranny. preferably rolled over, rear ended, or otherwise trashed, i don't need the diffs, body, interior or anything else besides the wiring harness, 4.0, tranny, T-case, and then any other misc parts you may or may not need for the swap that come from the engine bay.
I really don't want to spend much more than 500 on the jeep though, unless it's REALY low K's.