Progress has been slow recently but I have made a little progress. I've noticed that every bushing on this thing needs to be replaced. The control arm bushings were the worst. I put the engine on a stand and began tearing it down as well.
I pulled the oil pan off and found out that it was a 2-bolt main, which was pretty dissappointing. I'm probably still going to do a mild rebuild with it to get the truck running again.
I did find a new carb and intake for it on Craigslist. $200 for this and the carb is pretty much brand new. I read that this Holley intake was the better one that they made.
Next thing on the list is to get the bed off and pull the rearend off to replace all of the seals, paint it, etc. I may probably go ahead and paint the frame while i'm at it.