I say forget the timing adjuster because the dyno will take care of tha but still get the shift kit anyway. The shift kit is not used for correcting shifts. It's used to increase shift speed and firmness. To increase shift firmness electronically, you'll have to adjust line pressure and increasing line pressure is a big no no.
As for the torque converter, I got mine from Steve at
www.houstonperformance.com It was shipped to the door for 714 dollars. Mine is set for a 3000rpm stall. The stall speed is the speed at which you have to reach before the torque conveter will allow maximum torque multiplication. The higher the stall, the more rpms are required but at the same time, the further the torque mulitplication is increased. However, you don't want to go with too high of a stall speed on a street car as the higher the stall speed, the more rpms you need to get moving. I say 2800-3500rpm stall is perfect for a street/strip car. The install of a converter is not something that should be done in a drive way with standard tools. You have to drop the transmission out or pull the motor completely out of the engine bay to get to the converter. I got mine installed for free because my transmission was being rebuilt under warranty and they installed it when they went to put the transmission back in.
As for the driveshaft, I have one waiting to go in when I do my gear change. I got one because I'm basically rebuilding the entire rear end and I figured it would be good to change out the driveshaft for something stronger so I dont have a "weak link" in the chain. I also got a driveshaft safety loop with mine so in case if for some freakish reason the driveshaft falls out, it wont smack through the floor of my car. The driveshaft I bought is for a five speed. It will fit as long as you swap transmission yokes. I bought mine for around 150 bucks. However, the price on aluminum driveshafts has increased dramatically since then. I think they're up to over 200 bucks now at most places.
Should you(or anyone else) decide to race your automatic car or start building it up, I highly advise a transmission cooler as heat tends to be the number 1 killer of automatic transmissions.