Z31 will handle more airflow than the ZXT ECU, with less restriction. As far as I can tell, the ignition advance is similar enough. I have no idea how it will behave with the RRFPR, I've never used one. I pulled a used O2 sensor off a Z31, but you can use the 1 wire version as long as you either use an n/a Z31 ECU or a '84 -'86 turbo Z31 ECU. Later turbo ECUs used a different O2 sensor, and will NOT read a 1 wire properly. The speed sensors were never used except in the cruise control, and unless the sensor is critical it will not go into a limp mode.
The knock sensor is one that can be a problem. Even if you have a Z31 knock sensor, I think the solid cam followers are too noisy for it to work properly, and the ECU will give a code. If you just connect one of the wires, the knock sensor will not operate, but it will not throw a code either. I made sure to connect all the extra wiring to the ignition coil, as it threw a code for not being able to read the ignition pulse.