Wow 66DVert, we are thinking along the same lines! I too tend to break issues down to smaller, manageable, pieces.
Luckily for me and my inferior knowledge of cars, the PO already did the body/paint/interior, I think I lucked out there. I like it the way it is and don't see a need to change it.
The things that are wrong with my car (suspension, drive train, "wear parts", etc) are not really that bad, they just seem like a lot because I've never done anything like this before.
I've already bought all Moog replacements parts and QA1 UCAs to get the suspension up to par (just waiting for the snow to melt so i can start the rebuild!).
Next thing I'm looking at is the rear end. The 7.25 in there now doesn't seem to be in bad shape (I don't beat on the car at all...) but, I do like the idea of beefing up the rear to avoid a possible failure in the future.
Aside from that, there are little minor things I will do. Since my car is already a driver, my goal is to be able to keep driving it while doing some enhancements and learning, in small chunks at a time....not months at a time.
Thank you all for your comments!