I did not use the computer for my installation. The computer has no control over the cruise or the A/C, unless your car was originally a 442. Seeing as it is an 87, you will need the VSS to operate the factory cruise control. However, it is an optical sensor that is behind the dash and reads off the back of the stock speedo and not under the hood. The cruise computer plugs into the VSS translator box just like the ECM, but does not receive any data from the actual engine computer itself. On my car, the engine bay is not detailed to look nice, but rather to look stock as it was the easier and MUCH cheaper route. (I call mine either "The Ugly 350" or "The Pizza 350", because it was originally built to be used for pizza delivery.) The A/C wiring should only consist of the compressor plug and the solenoid plug in the engine harness. There is also an A/C harness as well that plugs in to the engine bay harness. This will not need to be changed however as all G bodies used the same one no matter which engine they came with.
All the computer does is control the ignition timing curve and the MC solenoid. That is it for it's functions. It makes it's determinations from the MAP, O2, CTS, TPS and BAR sensors. If you choose not to run the computer, you can delete all of these things as well. I would caution you though to still run a 1976-85 non computer Quadrajet as it will make it easier to use the TV cable, A/C idle speed solenoid, and cruise control with stock parts.
If you want it to be pretty under the hood, it will cost extra, as with anything pretty in this hobby. I would try to find a street rod parts supplier that makes a cruise control kit and adapt it to your car. It will look nice, be expensive, but be functionally equivalent.
As for the dash lights, the only one that will be lit is the Check Engine light. Pull the bulb from it and it no longer stays lit. I plan on using an RPM activated switch with my CEL and making it into a shift light, but that's just me. The rest of the lights will still work on their original senders as the computer has nothing to do with them.