OBD2 conversion, is it possible and practical
 

I have a 1992 RS Heritage Edition, as you probably guessed from my username. The stock engine is still in it, it's the V8 350, as well as the stock ECU and OBD1 connector. I was wondering if it's worth converting the system to have all the proper sensors and connections for OBD2, seen as I plan to use this car as my daily for the next at least 10 years. I was also wondering what all I would need to change out, if anyone else has done this, and if there's any tips for the process assuming I do it.