Great feedback. Thanks so much. I would stroke the 4.0 and turbocharge it but the trans. would not last. Would expect to spend $5/k on this, so, why not the 3.8? I thought maybe a 7004R and transfer from an S-10. Not sure which side the front driveshaft is on. May not work.
Money's not a problem, just like something different and really like a cool sleeper. I don't drag race or rock crawl so this would be strickly a street machine going off road occasionally.
Although I think the Cherokee is lighter than my GN, I'm not sure. Thanks for your ideas.