Saving the defender
		
		
				
				
		
			
				
					Good stuff. You've got a lot of fun ahead. 
Seriously though, do you know the history of the 4bd1? Unless you know it's got issues or has done over about 500K I wouldn't bother pulling it down. Replace the rear main seal, pull the sump and have a quick look at the bearings if you feel the need (comfort factor mainly as they will likely be ok), throw the turbo on it and drive it!!!
Spend the time and money you saved on giving the ancillaries like starter, pas pump and alternator a birthday as they do require it. 
And just run the LT95 for starters. Get a tapered roller intermediate shaft if it hasn't already. 
Once you've driven it for a while if you are really that unhappy with it then look at the options. 
Turbo, Lt95 and 255/86-16s are a really solid practical combo. 
Steve
				
			 
			
		 
			
				
			
			
				1985 County - Isuzu 4bd1 with HX30W turbo, LT95, 255/85-16 KM2's
1988 120 with rust and potential
1999 300tdi 130 single cab - "stock as bro"
2003 D2a Td5 - the boss's daily drive
			
			
		 
	
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