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As you discovered the picture of the sway bar bushings on groton's website is wrong. It displays the 240-style swaybar link and not the 740-style that your car has. You need a total of 8 sway bar link bushings, they are each about the diamater of a 50-cent piece and an inch thick.
Usually, a front end rebuild on a 740 consists of the sway bar link bushings, lower ball joints, outer tie rod ends, struts, and the conical strut rod bushings (2 per side) where the diagonal strut rod attaches to the control arm. It is usually not necessary to replace the cylidrical shaped bushings where the control arm attaches to the frame and where the diagonal strut rod attaches to the frame -- these bushings almost never wear out, even after 200K+ miles. Of course you should inspect them but don't be surprised if they still look like new.
Do not remove the large nut on top of the strut tower until your spring compressor is in place. You can loosen it, though.
As for struts you'll get lots of opinions on which are best. Personally, for me, it's strictly Boge or better.
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Matt L. -- Cary, NC -- '91 740 wagon
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