David,
I put a D44 under my 86 and it wasn't bad at all. If you use the 77.5-79 Ford F250 axle (assuming your crossmember is the same as a 4x4) you will NOT have to worry about cross member clearance regardless of what front leaf springs you use. The 77 and earlier axles had a diff positioned closer to the center. You can easily tell the difference as the 77 and older had the larger D60 sized hubs and the later 77.5-79 had the internal conventional style hub that is physically smaller but just as strong. For my 4x4 TTB Dana 44 to 78 solid dana 44 (86 F250 without a lift) I needed the following:
1. Matching gears ( lucked out and my donor axle had the right ones)
2. different spring perch spacing. You can find perches almost anywhere
3. Find a way to do the steering. Mine had a drilled and tapped flat top knuckle and a cross over steering conversion arm bolted to the top of it (I can give you more info on these if you need it--they are quite simple). With a custom bent drag link I was able to use my stock steering box.
4. 9/16's lug nuts. The earlier ones use smaller 1/2 studs.
5. I 'think' I had to use the 78 style brake lines but I can't remember.
6. U bolts and plates.
Other than that and a little time and effort mine went right in
I didn't use a trac bar, but I would highly recommend installing one. My 86 didn't have issues but my 91 F350 will not go down the road safely without one (that's a whole other story

). Strength wise my only concern was the ball joints and U-joints/axle shafts on the D44. Those housings are 1/2" thick and I doubt you'd every find a way to bend the axle housing. The brakes are plenty big too I wouldn't worry about stopping power with them. The differential is only slightly smaller than the Dana 50's and I think you'd be fine in most conditions. I would not install one if you do a lot of lo-range crawling around in rocky terrain or plan to use a snow plow. Again I think the weak link is the ball joints...
Replacing the worn out TTB D44 was a great move for me imo. The solid beam handled better and I just felt safer having it under there. Also I can't remember the carrier size cutoff (3.73's ish?) but you need the higher geared (numerically lower) carrier for 3.07's. These can be found ANYWHERE and usually go for about 20-40 bucks used. Good luck let me know if I can help in any way
PS. I don't know about pricing in your area, but I wouldn't ever pay more than $250 for a used dana 44 anything... 350 might be a deal if the perches are welded in the correct place already and if it comes with the steering for your style of truck.