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Originally Posted by foompla
they like to blow head gaskets 
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I've heard of only one 5M-GE in my life that blew a head gasket (it was on a forum, for that matter), and that was at 245,000 miles (almost 400,000km). As far as I know, it's the 7M-GE/GTE and the SOHC 5M-E that you have to worry about.
Since you're taking care of the timing belt... I suggest you take care of the cam seals, those like to leak oil over time. Valve stem seals like to leak (you'll burn oil, either at startup, or when pulling away from a stoplight.
Otherwise, standard procedure for an 1986-spec ANY CAR, regardless of make and model, with any amount of mileage: be ready.