I would think swapping the scout onto the blazer frame would be the better choice. That way you won't have to mess with the drivetrain to much. Either frame could probably use some boxing/reinforcements so don't forget to reinforce the steering box if you use the k5 frame.
EDIT: I just noticed you said the scout has a full cage. Depending on the quality of the cage, and being narrower/shorter wheel base maybe you should use the scout frame....ha fuck it I'm no help, I'm gonna go color now.
EDIT: I just noticed you said the scout has a full cage. Depending on the quality of the cage, and being narrower/shorter wheel base maybe you should use the scout frame....ha fuck it I'm no help, I'm gonna go color now.