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I did it on my '86 2.5 NA. Took me about 7 months, very carefully going through everything and spending way too much. I had a machine shop rebuild the head - that was $550. Replaced pretty much everything on the front end of the motor w/the exception of the AC cmprsr and alt. Did not replace timing cover either. I wanted to get another 250K out of the engine before I pulled it for a total rebuild. So far so good.
Be prepared for your own "while yer in theres"
Get an FSM. The FSM is pretty clear and straightforward, if I did it again I would pull the engine and it would take me a week.
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