Don't quote me, but the np205 is (i think) a different length than the 208, so you will need a new driveshaft, or get your current one lengthened.
For dropping the th350-np208, there are 2 or so bolts holding on the dust cover, take it off. then there is 6 or so bolts on the bellhousing connected to the engine, unbolt those. unbolt the 4 bolts holding the x-case crossmember up. check to make sure nothing is in the way. take off the tranny shifter rod, and the transfer case shifter linkage. un do and watch out for or move tranny lines, and the tranny dipstick. slowly lower and remove from truck or whatever you said it was in.
Don't follow these directions if someone else replied. I did this in december so I can't remember everything...and I had everything off the frame except the drivetrain and powertrain. and springs...etc.
good luck