You cant drop n/a pistons into a TD block because of the cooling jets. If you where to remove the jets... i dont know what would happen. Probably reduced oil pressure by quite a bit.
Turbo diesels are no doubt the most fuel efficient. Put it this way.... by the book... Golf mk4 stock 90bhp TDi = 55 mpg, 64 bhp SDi is about 48 mpg. Not only a big reduction in power, but also in fuel efficiency.
If you wanna go slow, a n/a diesel can be easy on fuel. My Jetta Eco does about 38 mpg... and thats driving it as hard as it possibly could be driven. You may as well call it a n/a diesel. The turbo is only there to increase air flow to reduce emmisions, not as a performance add on by any means.

I heard somewhere that in parts of Austrailia its not legal to sell n/a diesels due to sparks that may leave the exhaust (fires in the bush). With the turbo, that spark stays in the turbine housing until it is no more.
If you want fuel efficiency, fit a small, wastegate turbo, de-fuelled pump, if the engine is in good condition in relation to oil pressure and ring sealing, run a light synthetic like Amsoil or Mobil 1 in both motor and tranny. Keep the car as light as possible at all times, 13" / 14" wheels (steels are generally lighter than alloys...not talking jap racing wheels here) and tyre pressure set correctly. If its got EGR, blank it off and reduce any load on the crank thats not necessary (air con, PAS etc..)
I ran 0W-40 in my 1.9D before fitting the turbo, for about 18 months. I ran that engine hard, and never any problems. Oil pressure now with 5w-40 Delvac is 110 psi at idle cold, so the 0w-40 didnt do any harm. Milage went from 480 miles to a tank, to about 550. It was a big difference, TDi's get even more impressive results.
Of course, direct injection is the only way to go for fuel efficiency, thats my next project.
regards, DM (below, picutre of my Jetta Eco.)