[justcuz]

That is the first Jeep pickup I have seen without the bed seam rusted. Looks like a nice salvageable truck. Dana 60 rear, external hub 44 front, probably a dana 20 t case. All easy stuff to get parts for. If you decide to sell any of the running gear the guys at FSJ (Full Size Jeep) would love to get it. Make it available to them and they will be eternally grateful.

bojak's ideas are food for thought.
If you guys are going to make a tow truck out of this thing, I suggest this;
M715 Bed
M715 front fenders
Both these mods provide big wheel openings for up to 40" truck tires, without lifting the truck.
M715 springs front and rear, for weight capacity.
14 bolt (or better yet an AAM 11.5 diesel axle)
Dana 60 front
Winch type bumper you could run your cable through from the tow setup.
Engine and trans of your choice if you choose to change.
Finally all the convenience features tilt, ps, hydro boost pb, ac and nice seats.
This would make a nice all weather tow truck that you could recover vehicles from fields, ditches and other places not easily accessible.