I have two broncos. One has 351, FITECH, NV3550, 4.11 gears and 31 in tires. I like this combo the best. The other has an explorer 5.0, 4R70W, 4.56 gears and 31 inch tires. This one is nice, but was a lot more difficult to build. Originally it had 3.50 gears, these were to tall to enjoy driving. I had to switch to 4.56.
If I had to do it again I would do a 3.51w with explorer front dress, 4R70W, Explorer EFI, NP205, 4.11 gears and 31 inch tires. Huge advantage to using the np205 with 4R70W. You can also use the explorer computer to control both the efi and Trans. EFI guy can program a explorer computer to control the 351W.