TWRT,
There are many people who liked the chassis and motor of the 93-95 yz's more than the current chassis when it came out in 96.. Anyway the situation the way it see is this, the addtion of new technology that has been devloped since your biek was new, midvalves, heavy bumpers etc could infact give you a fairly massive improvemnet. The propblem is this, these iems have a signifacnt cost, and you must asses wether this cost which is now a substaintal portion of the bikes total value... I would think about if you want to keep the bike, and also is it in good shape in other aspects.. But what you want can be acchieved with little effort from a good suspension company.
Best Regards,
Jer