7.5 will hold up a little while. They are not posi, but when I did my 5.0 T5 swap into my 4cyl coupe, I rolled on the 7.5 axle til my 8.8 was built. I one wheel peeled it around town for a few weeks, and no breakage. My 5.0L engine was stock, with exhaust.
You can make the 7.5 a posi, and weld the tubes if you don't have access to an 8.8. The swap is easy as said, I would also buy some LCA's while it's out. That will help wheel hop, and traction.