Yeah, I have done this with a CJ5 before. The only problem with me is if I'm gonna do it to my own jeep I'm gonna go all out, full suspension and all. I'll tell you this, I dont know much of anything for jeeps that are cheap.
Though I did have a chance to do a complete suspension lift on it a while back...I did some computer work for a performance shop that happen to have a kit for it he wanted to sell it and install it for me for a lil over $200. I was poor then as I am now, so i didnt do it.
-WoodiE