You're welcome.
Off roaders can break pretty much anything. They get one tire wedged between two slickrocks and another 3 feet off the ground while in low range with a 10x torque multiplier going through an air locker and 37" tires. Then they start tipping and stab the throttle and stuff breaks. The other thing is, they might be 30 miles from phone service. They tend to go overkill.
You are also correct on your thoughts about welding your axle. A spool on the street sucks.
It has been a while since I built a truck 10 bolt, but don't despair about your wheels. Given the thousands of combinations GM did, it is highly likely you can stuff your axle shafts in a new axle to keep your wheels. I'll try to think of this off the top of my head, bolt patterns came in
5-lug: 7.5, 8.5, 9.5
6-lug: 8.5, 9.5, 10.5
8-lug: 9.5, 10.5
So, for instance, if you're replacing an 8.5" axle with another 8.5" from a GMT400, chances are (if they're the same width) you could stab your axle shafts in it to keep your current wheels. There was a change from 28 spline to 30 spline, but I think that occurred before 88. Put it this way: chances are if you get an axle that doesn't have your current bolt pattern, I'm sure you can find a set of axle shafts that DOES have your bolt pattern. GM did a lot of that wheel bolt pattern swapping. From the factory, they used the same shafts, just drilled for 5, 6, or 8 lugs on the flange.