Ok guys/gals let me know what you think.

History
It looks like I will be getting another cherokee. This one is a 76 WT "S" and has 401 with a bad piston, TH400, QT, body is in really good shape. I have a 77 WT "S" Cherokee, body in poor shape, good 360, T18A, D20. I have a few things running around in my head as far as idea so here goes.

Option 1
Take the 360/T18a/D20 and swap it in the cherokee with the good body, sell the TH400/QT and rebuild the 401 swap it back in. I know alot of work but I will have a running cherokee while I rebuild the 401. Part out the Cherokee with the bad body.

Option 2
Sell the cherokee with the bad body complete for someone to make a chop top trail rig out of and use that money to rebuild the engine in the other Cherokee.

Option 3
Just do the engine swap and keep the automatic (YUCK), rebuild the 401 Put it back in.

Help me out.