A serious diesel 4x4 LUV... now thats something I've been thinking about for a while. If I had the cash, heres what my LUV would be transformed into:
6.5 Turbo diesel engine
A nice strong tranny, mated to an NP205 T-case
Solid Toyota front axle
Dana 60 rear, with a dually conversion
Suspension and Body lift totalling around 6", nothing too crazy
You all probably think I'm nuts by now

but I have to say, having a mini truck thats as hairy as a full-size 1 ton would be awesome. You could tow a house (maybe with some frame strengthening...) and even with the dual rear wheels, still fit into a parking space with room to spare. If I ever get the massive amount of money it'll take to do that, I'll build the monster!
sorry, I'm done now...