I have Emulators in the front forks (standard setting) along with new fork springs for my weight and lack of ability.
The forks are from the "E" model and I'm running a 30mm spacer under the damper rod. Don't think that would be OZ Pre-78 legal, but our rules have a loophole here. You'll get the same performance from the '77 forks with emulators.
On the rear I have a Works Performance mono-shock w/ adjustable reservoir. I lucked out and the setup they sent me works pretty good. I only adjusted the sag to just under 3 inches (roughly 65-70mm). I read a few negative reports about the Works mono-shocks, when they first came out a few years back, but mine works great (no Yamaha-Hop yet). An extra benefit is even with the reservoir they are nearly 3 lbs lighter than the stock shock.
Caveat: I have only one race on these upgrades and I'll probably know how they will hold up after I beat that '92 CZ.