Low budget:
Gears will be a huge plus once putting bigger tires on. I am running 4.10's right now and only a 28" tall tire. It's a bit extreme to some, but it fits my driving style and my MPG actually went up 1-2MPG with the swap.
Just remove the air muffler. I think on the '93 it looks kind of like a torpedo, just pull that off an remove whats inside of it. Or you can replace the whole air muffler with a piece of pipe.
I don't think he will have the factory shortty header. I think that started in '95. It's a good manifold to have.
Overall maintenance. Plugs, wires, filters(fuel and air),O2 sensor, clean the MAF, throttle body and IAC, run some Berrymans B12 through the system to clean things up.
You can step up to 19# injectors and mod. you MAF yourself. I don't see a reason to though w/o bigger upgrades to the engine though.
P&P the head and intake manifold.
Get an A/F gauge along with a vac. gauge. It'll help you drive better and increase you MPG.
Turbo w/o forged pistons means you'll have to stay at 5# or less.
My truck is just waiting for me to install the pistons, I have them sitting on the shelf along with the turbo. I've done the injectors and MAF mod, little to no difference on the stock set up. I also have a P&P head and my lower intake was worked over by a guy on here named DaveR(haven't seen him around much lately though). That made a nice difference, by far the best investment to date.
James