O.K. - Final decision.
What with the fragile future of my job, I have decided to get the frame from the guy on Long Island, instead of the burnt LS here in town.
I am getting frame, title, subframe, swingarm and driveshaft for $175 +shipping.
I could have easily hurt my swingarm, as well, and I have been hearing noises that sound suspiciously like U-joint knocking, so it will be good to have a back-up there, too.
I guess I need to hunt down some scrap lumber to build a work stand out of.
Thanks everyone that suggested sources and for your support in general!