with the t-case in there your rear ds would be extremely short with the diff in line with the rest of the drive train.
drop the tcase, and a commanche 2wd front would work great.
Rat rods, either love em, or hate em. Plus it often depends on what it is, and how it was done.
I like the idea of the chopped TJ, a minimalist modern vehicle, that could be very model-t-esque. Its gonna need some curves tho, a tj/yj is pretty square, and some softer lines will be needed.
It would be a one of a kind tho. Pretty cool project idea.