"anything is possible with a sawzall and welder but WHY? "
To be different, cam01! Anybody can lift a toyo with a bolt-on lift.
Converting a 2wd is no problem, I've done 2 of these coversions. Basically, you need a front diff, t-case, steering arm set-up, and rear lift. If you have the capabilities, or access to a good fabricator, this conversion can be easy.