With the 5S block, I didn't bother with oil squirters. 3S squirters don't fit & you'd have to retrofit another type, which leaves room for error. It'd take a serious application for me to have bothered with oil squirters (like an endurance car). As far as block preparation, you need to drill/elongate the coolant passages to marry up with head (for 3rd Gen head), and you'd also need to drill to fit the axle carrier. Oil cooler is also a consideration, but personally I eliminated the factory oil cooler & run my aftermarket oil cooler & filter relocation kit. You can read a more detailed account on my build thread.
As for the EBC, I still use my trusted HKS EVC IV which I purchased new over a decade ago

Does the job perfectly. Most of current range of EBC's (Jap or local) do the job IMO. Find a bargain & run with that. Blitz SBC comes to mind as good value.
You just reminded me (totally forgot), I'm pretty sure I bought a spare EBC when I was in Japan (was a bargain & Option1)......lol