Can't help you on the Ford diesel, except to say that the 7.3 is highly desired and has good resale value so I suggest you make an effort to get it running good for resale.
On the old 69 F150, were you using Quaker State oil? We had a 66 Ford car that clogged up with crud. That model had a pollution control valve(PCV) between the carburator and the intake manifold and it got choked up with the crud. Mechanic blamed the oil, said Quaker State had more parrafin in it than others. Solution: Change brands of oil, take the valve out and clean it good. No more problems. For those who may not know, the PCV allowed the fumes from the crankcase to be sucked into the engine and burned in the cylinders.
KEH