I just did the same thing to mine earlier this week on my '85, and here is what I learned:
Cluster - Direct swap, no wires change, just make sure all your backlight bulbs work before you put everything back together
Water temp - just swap to the gauges sensor
Oil pressure - Dummy lights setups use a 2 blade oil pressure switch that goes to a connector that has 3 wires coming out of it. Gauge setups use a large bell shaped oil pressure sender with one terminal on it. I THINK there is a separate oil pressure switch tee'd into the same port that will run your choke heater, but I have never seen one in person. Someone else will have to chime in with confirmation on that. You can either try to recreate the gauges circuit by clipping the sender wire off of the dummy light sender plug and teeing in an original gauges sender on the same port as the dummy light sender. Then take that clipped wire and attach it to the gauges sender.
You can also change to a newer sender that will save you having to tee another sensor into the oil port. I got an oil pressure sensor and pigtail off of a 90's Chevrolet truck that has 3 pins. These have a built in switch that will close when it senses a few pounds of oil pressure. They will wire directly to the 3 wires on the dummy light connector. These senders have a larger thread size than the port on the block, so an adapter will be required but they are easy to come by.
Voltmeter - In theory you shouldn't have to change anything. I am running a newer CS130 style alternator that will require a resistor to be added into the excite circuit, but if you have an original alternator it should be fine as is.