2.9 Problems
Change the camshaft bearings, cam, lifters. You'll have to rent a tool to change the cam bearings, and make sure you line up the oil holes in the bearings correctly. I would replace the oil pump, too, seeing as how you have 200k on it. If done correctly, this should prevent the lifter tick.
The cylinder heads are infamous for cracking. You'll have to take them off to change the lifters. If you have them off, replace them with aftermarket heads. It's the only way. If the head cracks between a coolant passage and the insde of the engine (a common event), you will lose the engine and all the work / money you put into it.
By the time you're done, if you add up the parts, and consider your time spent, you might be better off getting a remanufactured engine with new heads. At least you'll have a warranty.
I was having the lifter tick - low oil pressure - cracked head horror show going on with my truck. I replaced the engine at 116k with a quality reman engine, World heads, 3yr 36k warranty. I got 205k now, 89k on the engine, and it just keeps getting better.