Dave,
It is good that you are asking questions, but you REALLY need to research suspension design, especially if the rig will see street miles.
I'll try to break it down as best I can in the simplest of terms and then point you where you need to go for more reading.
Let's start from simplest and make our way to most complex. This also follows the path of cheapest to most expensive.
Simplest:
1) Stock EB arms with bushings. Strong, proven, and will work well.
2) Stock EB passengerside arm wristed (you only wrist one). Strong, proven, and will work a lot better then stock.
3) Custom extended arm. Made popular before wristing became mainstream. Should allow for the same flex as a wristed stock arm.
4) Custom arms like I am running in the pics that Pete posted. Upper link on passenger side can be added for street use and removed for trail use. Removing it transforms it into the same principle as a wristed arm.
5) Custom 3 (upper wishbone), 4, 5, or 7 link. Get as crazy as you want. The more complex the link system, the more expensive and more you have to know about it. A true 4-link will be A LOT harder to properly build than setting up the radius arms, but the benefits can be better. This setup would benefit the competitor more than the average wheeler.
Something I would avoid would be getting a female heim joint and threading it onto the end of the stock arm. Don't think it will last long.
Personally I would suggest using the stock radius arm with trac-bar setup and to wrist the passengerside arm. It will be the easiest and will provide the best flex for the least amount of money.
As for further reading...
Go to
http://www.pirate4x4.com/forum/ and do a search for "God of Suspension" thread by CalPolyStud. It is long, difficult to read if you are unfamiliar with terms like anti-squat and roll-axis, but the theory is all solid.
Let me know what I can help you with.