Let's talk about this...
Probably the best and most satisfying way to proceed on any of these cars is to consider what it is you want the car to do for you in the end. Pick up girls? Paint and interior work and a good running engine are your best moves. Daily driver? Good running engine and clean up the interior exterior. Autocross? Good maintanance, tires, and tighten up the nut behind the wheel - AKA seat time. Race car? Almost the same as autocross with different gears, suspension settings, belts etc...
Resist the urge to "fix up" 30+ years of abuse, wear, and neglect by modifying. In most cases, it isn't necessary to get to your goal. And in some cases, it will make the car so uncomfortable you will hate it.
A LSD is really only necessary for track and race and then only after you are skilled enough to take advantage of it. Up to that point, it is money you could spend elsewhere and get more bang for your buck...
Consider that the engineers who designed these cars were pretty smart guys to begin with and just stay stock. You might be happier with your car in the end....
If your goal is as you said, a fast street car that you could drive on the track you don't need an LSD... yet