Im gonna weigh in on this and please keep in mind this is only my opinion, I respect you for wanting to keep the ole 225 alive, they just dont make things like it anymore.
Considering the slant had a max HP of around 145hp, if you turbo you may get another 100hp and its going to cost alot to get where a 5.9 Magnum is stock. If you look at a Mag 5.9 they had 245 stock and I believe the slant cant touch the 5.9's tq with a turbo either, slant 215 vs 330lbs.
I only say all of that in case money and fabrication time is a concern. If neither are then I would find an old Offy 4bbl slant intake, just had one on Washington DC Craigslist the other day. Then go with a Fast or other aftermarket TBI EFI system, very few sensors are needed and can be easily adapted.
I dont know if anyone has answered you yet, I havent had time to read all of the replies. You Dak trans should be an A518. A500's were behind V6's and not used in 4X4's. 42, 44 and 46Re then RH were 96 up when the PCM's started getting involved in shift points. I prefer the 518 and 500 2 wire, 3 wire on later.
Oh and, Ive worked on dozens of Mag 5.2 and 5.9's. You are correct that they dont get the best mileage and as youve already pointed out, power and mileage drop off considerably in higher mileage engines. I have found a few problems that once fixed brings back noticeable power and mileage. First off is a major problem with all magnums, the intake pan gasket. Ive replaced one on a 178k 5.2 and picked up over 5mpg right away. They allow 1, a vacuum leak that the PCM will richen up to compensate for and 2, oil blows by and fouls plugs very quickly. Second, theres almost always a crack between 5&7 valves. Needless to say that kills quite a bit of power and to top it all off theres usually cracks between other valves also. Chrysler should have recalled all magnum heads but knew it would be too costly. Long and short, that said, my 178k 5.2 was in my work truck pulling up to 1k miles a day, Iron Ram heads, 1.7 roller rockers, double roller timing chain and gears, Mopar single plane intake (no pan to leak) and a mild ported throttle body, it was no problem to get 22mpg and if I had all of my tools out of it could beat a few stangs but my 3.2 gears limited stop light action.