Nice truck! Looks like its pretty straight. I highly reccomend Belltech 2" drop spindles for the front and running drop shocks. You'll maintain most (if not all) of the factory ride. Thats what I did to mine.
ehh, just static drop it first then you can go further with bags or etc. Learn like I did, one step at a time! Goodluck with your project . . .
Its a been there, wont do that again. Bagging is not for me, though I was all about it in the past. I like the static drop, simple, and low cost, short term and long term. Plus I'm still in the process of restoring the 4wd so it gets first dibs on the money.
here are some pics: before: After: (lowered front end down 1 & 1/2 inch, replaced grille with 89-91 and painted silver)