welcome to JC mate, hope you learn what you want here and enjoy iy
well suspension wise the vl uses the same as the later models ie vn/p, i also believe the vr/s is the same too (bit brain dead at the moment sorry)
so changing the struts/springs and what not wont achive anything
your best bet would be
new springs - as your old ones would of sagged, many brands around and heights too
new shocks - yours are stuffed so these will make a huge improvement, as for brand everyone swears by there own brand
bushes - would you use 20 year old rubber in bed???? its just not right, they will more then likly be chewed out and stuffed
brakes
a soft spot for me, haha
if you want a little performance most people agree the VT twin spot fronts are the go and a disc rear end
a 1" master cylinder will also make the pedal less spongy
but if you just want a slight improvment on a budget then a disc rear end would make a fair impression and try bleeding all the brakes
on my vl i will be running
VT front twin spots with curve drilled/slotted disc
VL rear disc with curve drilled/slotted disc
1" master cylinder
VL turbo brake booster
braided brake lines

call it ricey but it looks the goods ha
as for vn disc, they are the same as the vl ones.
that is vn v6 is same as vl 6
vn v8 is the same as vl turbo (bigger then standerd and finned calipers)
Diff wise a VL turbo lsd is a strong lsd. you will find most people when wanting to get some power though a diff will op for the vlt diff