Same work can be done to a 7M-GE as to just about any other N/A Motor, There actually was a TRD Stroker kit even I beleive, which converts to 3199cc or something like that
Bottom line is though, running a 7M-GE is pointless, as the GTE can be had for the exact same money.
And yes, all the GTE turbo gear will go straight onto the N/A Model
Different Cams is basically all there is to my knowledge