Mark, not to speak for Toy4me, but he & I were emailing recently on this topic as I was interested in a cheap standalone ignition for the 1UZ for breakin purposes only.
The mods necessary for the later 36-2 trigger wheel to work with the Ford EDIS8 system are:
1. Weld a tooth onto the wheel to make it a 36-1 system (EDIS8 works only with a 36-1 trigger wheel)
2. Cut a new keyway into the wheel so the missing tooth is 50 degrees from the pickup when #1 is at TDC.
EDIS8 also requires either a Megasquirt or the Megajolt Jr to generate a SAW command to tell it what timing to use. Otherwise it will work only in "limp home" mode of 10 degrees.
For my temporary needs, the mods to the Toyota trigger wheel are probably a bit more involved than simply adapting a 36-1 wheel temporarily to the motor, then removing it when I'm done, so I'll probably opt for this method.
The EDIS8 module and (2) coilpacks can be purchased for $100 or so on eBay, and a fully wired MJLJ module for less than $200, then it's just the trigger wheel modification, or fitting a dedicated 36-1 wheel to the motor. I would guess for less than $400 to $500 one could have a fully functioning crank triggered, standalone ignition for the 1UZ.
Here's a post with a good description of the system:
MegaJolt LiteJR IN STOCK! | TurboMinis
Also, it looks like this guy has quite a range of 36-1 trigger wheels available:
Trigger-Wheels