UPDATE!!!!
Oh, my LORD!
What started out as an oil pressure issue just kept on escalating. The guage was not reading oil pressure, but lots of oil in the pan, so I parked the WJ until I had time, and a garage to look into it (wifey drove the 99 XJ in the meantime). The WJ sat for a week and a half (during the lovely -30 weather). Finally convinced the wife that IF she wanted her baby back, I would HAVE to get it into the warm garage to work on it. Go out, start up the beast. Trouble starting.... then a REALLY rough idle. Put into drive... didn't even feel like the transmission loaded up. Touched the throttle (didn't stomp on it, as I was still unsure if there was any oil being pumped through the system)..... nada. RPMs didn't go up... in fact it sounded like it was going to stall. Pushed the WJ into the garage. Let it warm up. As per a mechanic on this site, I pulled the plug on the Oil Pressure Sending Unit. Some oil was present on the inside of the plug, indicating that the OPSU was shot. Replaced OPSU and oil filter (hella easy to get at the sending unit with it out of the way, with a 1 1/16" deep socket).
Now, to tackle the rough idle/no want to drive issue. Thankfully the mechanic neighbour brought home a scanner. "Crankshaft Position Sensor Faulty" is what it told us. Tested the CKPS while rotating the engine. Nada. Removed CKPS, rotate engine while feeling for crank movement. Crank was turning (ffwew!!). Replaced stupid sensor. Reassembled everything. Replaced battery, as it no longer wanted to hold a charge. Crossed fingers, held tongue in correct position, turned key. VROOOOOM!!!! It now has oil pressure on guage, and drives. What a fiasco. I am soooooo thankful that this was not a larger problem, and was relatively easy, and cheap to fix.
Parts from Chrysler were approx. $5 each more expensive than from AutoValue. I like to go OEM with sensors.
Cheers, and thanks for everyone's input.