On the turbo 2.3L thing if you are wanting to keep most of the stock engine or engine operating system from your '95 the only parts you would want to use would be the pistons and rods (rods don't matter but they're attached to the pistons...). It would be a pain to get the older engine to work with the newer crank sensor and cam sensor not to mention the newer heads flow better... there's ways to do it but not to much gain... there were a lot of little changes on the Lima's over the years...
FWIW on my '97 I want to put a mild turbo on it but probably limit to about 5psi with likely one size bigger injector to help out, mainly want mileage since it's my daily driver just need a little more go...
Also depending on how handy you are rebuilding an M5OD by just throwing bearings and synchro's in it isn't a huge job, if you dedicate the weekend to it it could be done...