First, welcome to the forum!
OK, as far as notching your frame I would recommend you do not. You didn't mention even why you would want to do this? If it's rear wheel clearance there are several other ways to get bigger tires and rims on. One is spacers between the drum and rim, the other is less of a back space on the rims you buy. Either way don't mess with the frame unless your doing huge modifications like a shortened rear end with tubs, and then I would let a professional do the job. Your body bushings are personal preference. I would go with poly bushings. They are 25yrs old now and I bet they are dry rotted. Everyone says don't put solids in it will be too bumpy/noisy but I yet to hear anyone say they had these symptoms who actually put them in. So, talk to someone who's actually put them in and then make a decision. If it means anything, I put poly bushings in last year and I don't regret it.