The GC fan is a recall fan. You either have to buy it at a dealership or search for a 00-02 V8 GC that has the recall fan. P# is CBG4F250. The price for a new one has gone up a lot. When the conversion was popular they were only $50, when I first looked into it they were $112, and last time I spoke to the dealer they were $189. So I threw out my idea unless I find a cheap used one.
Most relay kits have a sending unit included, either probe or threaded. Just look for one that has good wiring, adjustable in your temp. range, and has A/C override. The fan pulls 37amps at start up, then drops to 25 so plan accordingly.
The fan is 19" so I would use our stock shroud and seal the gap between the edges of the fan and the shroud. You want to make sure all the air you're pulling is coming from the radiator and not ambient air around the fan.
You don't have to downsize your belt. The belt is on the water pump, not your fan clutch. Only thing you have to do is remove the fan and fan clutch.
All this being said. By the time you buy everything you're spending close to $270. You can buy kits for that much. Not worth it anymore imo. I'm planning on buying the FFDynamics kit. $275 for a complete kit and great quality at that. Here's a link:
Fan Kit