If its just for local bush bashing i would go a 94+ V8, cheap as chips to buy and have either the ZF or R380 manual.
No lsd ever fitted to any LR product (this era at least ), 2" lift is the norm then add body lift if going to 35" tyres. Front arms you can get cranked or aftermarket but not required unless going for large rubber, rear arms same as fronts.
Long soft springs and suitable shocks will give good articulation, you dont need to do massive mods to make a D1 capable.
Axles will last unless you drive it like its a toyosan but cheapest upgrade is fitting a pair of LC80 F&R diffs.
MY08 TDV6 SE D3- permagrin ooh yeah
2004 Jayco Freedom tin tent
1998 Triumph Daytona T595
1974 VW Kombi bus
1958 Holden FC special sedan
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