1) Locate the serial number, it'll tell the truth more than any one person could tell ya...you can request a build card at some point to really know how the truck was supposed to leave the factory. A thorough inspection of the frame is a must if you suspect there may be rust issues. I have seen rust thru on the frame of some parts trucks near the forward rear spring hangers that could be a bear to repair properly. Who knows what kind of coating is on that frame...if ya remove paint in suspected rusty areas on the frame, you could go back and top coat it with more black paint...only the sharp eyed nit pickers may question why the frame paint has some inconsistencies in it.
2) If you rewire for a 6V system, then you could update to a 12V system later if you feel the need. New wiring, including battery cables, usually solves most problems with the 6V systems as impedance is greatly minimized from the corroded and tattered original wiring. I would think there are electric wiper options available for the '47 as the cab is pretty much the same as in vintage Power Wagons.
3) The engine argument of 218 vs 230 is something I too have wrassled with of late. My '48 has a '55 Plymouth 230 that has been in there for half a century...I have found a '50 Plymouth 218 that is more accurate compared to the original engine that the truck left the factory with, but it's not really original either. And as far as power difference between the 218 and the 230, a 218 can be massaged to pump out 230 power levels, which are still quite low by today's standards. From a cost perspective, if you have an engine ready to install, I say use it, cuz that's probably how that truck got the replacement engine in the first place.
4) If this truck left the factory as a chassis cab, you could put anything back there that you want...except for a swing set, that would just look odd.
5) From what I remember when we hauled grain in the D700 when I was a kid, Dad would pull the knob to climb hills and hit the knob to get speed on flat grades...and it wasn't much for speed but it would get down the road. These 2 speed rear axles were used to get the most torque from the engine when loaded so the truck would not stall or lug, not so much to keep up with the lead foots on the interstate.
6) Fuel delivery can vary by usage. If you upgrade to a 2bbl carb setup, then ya need to split the exhaust, so there's more work to be done on the engine there. The mechanical setup works if maintained, but some have better results with the electric pump for delivery, others have the mechanical pump on the engine with an electric pump near the fuel tank as a booster/backup. Inspect the tank for any rust, sludge, possible leaks. A new replacement appears to be available if ya have trouble with what ya have now