You *can* run a FMU with the stock injectors, but it is -at best- voodoo fuel management. Unfortunately, I bought a 240 with a FMU already on it. A new rail, 50lb MSDs, and Aeromotive FPR are already in hand. Just waiting on a Z32 MAF and getting the ECU programmed for a *proper* fuel setup.
As for water-cooling: Yep, my low-buck setup that was on the car (T3) didn't have the water lines hooked up. I bought two adapters from
http://www.nissport.com that splice into the two radiator hoses, and ran 3/8" coolant lines from there. Works like a charm.
Nissan T25s and T28s came with water lines, btw. At least the FWD/AWD variants did.
Hope this helps.