Preston - short answer = yes, I am going to have the UBJ upside down. It does indeed change stock geom by lowering the pivot point, but since I am building a custom frame and pickup points for the Nova I will put the upper A pickup points at the correct height to have the roll center and camber gain that I want.
Pappy - I considered what you are talking about - getting the factory UBJ out of the spindle first to see what the material looks like after that procedure but being unsure if I could get good threads in afterward I decided to go the route I am. I also am not sure of what alloy that spindle is, tho' I admit to not doing any sort of search to figure that out

but that would be important to know if you wanted to tap it as well. Another thing I considered was making a threaded collar (or buying if the OD fit in the existing hole), knurling it, pressing it into the upper, and having a good, steel thread interface to put a BJ into.
There are certainly multiple ways to skin this cat I believe so it is just a matter of picking one and just doing it. I do like the idea you have about using the stock upper if the taper does fit as well as you state after reaming.
Dave - double checked and in the 18" wheel I have over 1.75" of clearance above the spindle "ear" so I will have plenty of room to fit the lock nut in over the stud. Actually I had checked this on my Corvette but it has 19" fronts factory so after your post I realized I forgot to remove 1/2" for that so my stomach churned a bit but I remembered there was a fair amount of space