A - you can't reflash 18RGUE or 22RE ECUs, and OBDII is not present on these ECUs (or even 3SGE ECUs)
B - yes, it can (18RE), but you have to:
-fit injector bosses and fuel rail to the intake manfold
-source and fit suitable injectors and fuel rail and fuel pressure regulator
-create a plenum (current manifold volume wont suffice if replacing carbi with a throttle body)
-create suitable position for throttle body
-change fuel tank to EFI with intank EFI pump
- wire up to suit ECU
(is actually a lot of work - i know this personally and am reminded of it daily).
The Toyota motor lost likely to be close to the 18R is the 22RE, another model might fit, but you then have to work out how to fit their timing gear to the Toyota Dizzi.
If you're on a budget and have some wiring and tuning skills then something like Megasquirt might be what you're after - in it's basic configuration it's fuel only and has supported narrow-band and wideband (with a controller) O2 sensors.
If you're after economy then moving onto performance then something easily tunable would make sense - plenty of Oz hardware to choose from (Microtech, Haltech, Adaptronix) as well as above mentioned Megasquirt. Re-mapping ECU's means relying on a supplier to do that for you - whereas something programmable you can do yourself or in conjunction with a workshop.
Is still think that starting out with an EFI motor would be 14053% easier.
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