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Nice truck. Why go to an s-10 from that?
Just your basic repaint and tune up...
I'd stick with the stepside, it's a keeper. Get a 3rd gen F-body or C4 'Vette for a good handling build car. Making a truck handle (though possible) seems like a lot of wasted effort that would be better spent on a sports car platform. You know, it's kinda like making a Honda Civic fast (it can be done, but why not start with a car that is already fast and make it faster for more satisfaction and less total investment/hassle).
Just something about throwing a truck into a turn and having the confidence that its not going to come around on you that makes it really fun.