Each of those extra things to do in addition to your timing belt project will domino into additional extra things to do. For example, if you remove the valve covers you will probably want to replace the gaskets, spark plug seals, bolt grommets. Then come replacing various hoses that may crack/ break from age during the removal process... And so on. Not that that may all need to be done anyway but I usually find that I have to restrict myself to one project at a time ( time/ money reasons). I just did my valve cover gaskets and found that my PS pump is leaking. I'm sure that once I pull my PS pump I'll need to pull the alternator also for cleaning.... And so on. My advice is to just do the t belt kit and h2o pump, see if it runs, then maintain the rest as needed.
Just my 2 cents. Good luck!