I really liked my ZR2.. They do have a rear Locker, it's more like the Aussie style, it's an Eaton G80 http://www.youtube.com/watch?v=KbMZ9vcYVSg
They're not without their issues though... I've dealt with many years of this S10 series, alot of cheap interior pieces (but readily available for replacements) Alot of rattles etc.
Similar setup to ours as far as indy front, so a torsion crank, and Shackles will get it off the ground. I had a 2.5" superlift (front UCAs, Torsion crank, Shackles and shocks) plus a 2" body lift.
My brother had a ZR2 Blazer with the 5" superlift, and 2" bodylift, it looked rediculous... Way too much for that vehicle IMO... looked really silly and needed gearing to handle the tires.
I would never trade my VX for one though.