1949 Studebaker

[Travis77]

Got a 1949 1/2ton truck that I am thinking about building. I would like to keep the cost down somewhat. Most likely keep the body stock other than some smoothing here and there. But, I want it to have that PT look and feel.
Without robbing too much money from another project going, what would be a averaged priced suspension package? I like the idea of air ride, or c4 and 3 link.The motor of choice will most likely be a 393sbf. I want this to be a fun project that I can drive anywhere. What do you guys think.

Something similar to this:

http://img.photobucket.com/albums/v4...ves/4eb4_3.jpg

http://img.photobucket.com/albums/v4...ves/5071_3.jpg