Welcome to the site. Always nice to see another Nova build. I think alot of it will depend on what you're budget is. For some "breaking the bank" has a different meaning than others. The first person you will want to talk to when you start buying parts is Frank at
www.gpsuperstore.com He goes by Prodigy Customs on here. He is a dealer for all the big name suppliers. Not saying he's the only one to buy from on here, but he is a wealth of knowledge and tests all the stuff he sells.
Like John said about, if it is going to be mostly street driven, a Hotchkis TVS kit would be a great improvement. Or if you want more serious you could go to a Alston g-bar set up, a DSE quadra link or go all the way and get a Art Morrison rear set up. There are also a couple truck arm rear suspensions now...Speed Tech and Jake's both have some that look pretty cool. I'm building a 68 right now and I have the prodigy bar triangulated 4-link (it's basically the original g-bar with mods done by Frank to make the arms adjustable). Up front I have a Speed Tech subframe with their high clearance arms. I just ordered new 18" wheels and will be running 18x10 with 305's in the back and 18x8 with 245's in the front. I decided to get the new subframe, but you can do a lot with the stock subframe and have a good handling car. Like I said above, the first thing is to decided what your budget is and go from there. Check out my build thread if you want some ideas.