Have a fire extinguisher ready as well as a second set of eyes. If new cam and lifters be prepared to run it in at speed as Joe mentioned in Jpets General Willys thread.
http://www.thecj2apage.com/forums/29110-the-genl-willys-project_topic12524_page10.htmlfourth post from the bottom.
It helps if you are in a garage to have a fan blowing the smoke away and keeping the radiator cooled, as when you have a new engine it burns off a bit of oil and paint initially.
Be sure to use an oil rated for our non roller tappet engines.� Wouldn't hurt to pressure test the cooling system if you can find a pressure tester that fits the radiator.�
If you are using a temporary gas tank be sure it is solidly mounted in a a safe location and any hoses are also well secured away from moving or hot parts. If you are using the stock tank, it may not hurt to flush out the fuel line a bit before connecting up the fuel pump.
Good luck with the initial start!!