you could go with a ladder bar setup in the rear, with coil-overs. Would run about $900 when its all said and done if you can do it yourself. Or you could go with the mono-leaf setup, cal-tracs, and some good shocks for maybe $100 less, and you'd save yourself alot of headache.
For the front....replace/rebuild the steering components so all is tight again. Personally, I'm not a fan of all the rack & pinion stuff people are using, a properly functioning and maintained manual steering system feels good to me. For street and some drag use, use a somewhat soft spring, like a 6 cyl spring, coupled with an adjustable shock. I use comp engineering adjustables, I'm happy with 'em but I have heard that are not the best. You'll want a 1" sway bar for the street, and just disconnect or remove it at the strip, its worth about a .15 reduction in ET on my car. Roller perches are good from what I hear, might be my next project.
All that being said, a properly set up stock suspension, with proper adjustments and tuning, has been known to work just as well as the aftermarket stuff when its not well thought out.