Yellow210,
Congratulations on your new 55!
I upgraded to power steering (CPP500) and a new Ididit tilt column, and I haven't looked back. The Borgeson PS box is very popular also. Definitely one of the best mods I have made.
My greater concern is that your current steering 'solution' may be indicative of the craftmanship (or lack thereof) on the rest of the car. I would make it a priority to put it up on a lift (or at least jackstands) and do a visual inspection of all of the car's critical systems, especially the remainder of the steering system and the brakes.
Good luck!