What makes you think the 18R is ratshit for economy and power? A bit low, yeah, but ratshit? Stock 18R-C's have regularly netted me better than 10L/100k on the highway, and 10.5L/100k around town. Not what I would call rat shit. You will get a bit worse with a Hilux due to diff ratios etc. Changing the diff ratio to get the revs down around 2800-3000 at 100kph would be a good start. Below this and the ol 18R might struggle.
To get a bit more go, try a towing cam from Tighe cams or Kelford cams, combined with a set of extractors and a 32/36 weber (get it tuned on a dyno by somebody who knows what they are doing). Don't forget to give the ignition a birthday, new plugs, leads, points, condenser, dizzy cap, rotor button. Combined they can rob you of a lot of go.
As for engine swaps, the 22R-E shouldn't be discounted. They give great torque (power gains will be minimal, but forget about power, as it is not what you want, torque is), should slot in reasonably easily, and are good on fuel. Again, a towing cam, ignition birthday, and a good tune will do wonders.
Final option I would give is the 18R-G. Lots more power and torque, almost a straight bolt in (can be done in less than a weekend), and when tuned right (yup, that again) and driven right (very important) will give good fuel economy.
All 3 of these options can be done for under 1k if you are thrifty and find the right bargain. The first option I gave will definitely be done for under a grand, the second option is highly likely to be under a grand if you can do the work yourself, and the third option will depend on whether you can find a good motor for a low enough cost.
Other engine swaps are likely to blow out significantly due to the differences in fitment (ie you may need a new gearbox, or bellhousing, etc)
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