HA! No kidding, another person on the internet from this area?!? I though I was the only one.
If you drive a 1stgen I'd imagine I've seen you around. It seems like the only thing I look for on the road anymore is 1stgen Dodges. Mostly to drool over how much better than mine they look.
Sounds like a plan to me, man. Throw me a PM and we can get together and watch my truck drip oil for a while.

Also, your engine is going to need at least 3 wires with a VE. One for the FSS, which you can split with the KSB if it's a non-IC'd pump, and 2 for the alternator. If it's an IC'd VE, then you give the KSB 12v to activate, but it's not really needed for a DD. Just run it to the FSS and ignore the KSB. If you use a Ford voltage regulator, you still need 2, but it variates the hot side of the field coils, not the ground side. It's also got some sort of capacitor that goes with it.
With a P-pump, the FSS has 2 hots going to it, and a ground coming out, though you can just ground it to it's mount. If you go pull cable on either, the VE will still need 12v if it's of the non-IC'd variety. Not having variable timing sucks, not to mention it advances the sthi out of it and makes it stupidly loud in the cab.
None of this includes sender wiring for oil pressure and water temp. If you don't count those as wiring, then you should be able to get by with the above.