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First off, get the factory service manuals. They will save you money in the short and long run.
Now, that said, first put your timing back to stock (according to the service manual, it may be in the wrong place before). Messing with it is just asking for problems. Then set your idle speed after everything is warmed up.
That truck has a lot of miles, and if you are going to keep it on the road, you need to do a bunch of PM right now.
1) Compression check. How do the cylinders look? 2) Change spark plugs and inspect wires. 3) Check coolant hoses. Including heater hoses. It would be a good idea to replace them. Flush system. I would replace the water pump and thermostat, and cap to be on the safe side. 4) Replace the rubber fuel line. Even if it looks good, just do it. It's old and if it fails, fire. 5) Check/Replace the belts. Check every pulley for smooth operation. If anything grinds or has slop, replace it. 6) Replace all fluids. Engine oil, tranny oil, transfer case, diffs, clutch and brake fluids. This is a must. 7) Repack wheel bearings and grease everything according to the manual. 8) The O2 sensors only last about 100k. Keep an eye on it. 9) No matter what crap you dump in the tank, your fuel injectors will still get clogged over time. A place like RC Engineering can clean them up for about $25 bucks each.
All of the above is addition to the normal air filter, fuel filter, brakes, and normal tuneup stuff. A truck of this millage needs more TLC then something brand new. But, if you are good with the tools, all the above can be done yourself with the help of the FSM.
It's been my experience that factory Toyota parts are of superior quality then the rebuilt crap you get from most auto part stores. After all, it lasted about 300k so far, why replace it with something that will only last 50k just to save a few bucks?
I bet after you get all the above done, your hesitation will be gone.
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