The front motor mount is different on the 88 so you might have to use the 87 mount, not sure if the mounts line up the same.
As far as the ecms they would be different but actual running of the engine where should be no big difference. Most of the plugs should be the same or you might have to swap a couple items from the 88 to the 87. The alternator plugs will be different, but I'd use the 88 one.
Sure there are members that know a lot better, but overall there should be very few problems putting an 88 into an 87 that you can't resolve very easily.
[This message has been edited by Dodgerunner (edited 01-29-2008).]