Wvo
I plan to run my 12 valve on WVO. Making biodiesel is a much more involved process than simply converting your truck to run on WVO. I move around allot so it would be impractical for me to make biodiesel.
To run WVO you have to heat the oil to 160 degrees for the engine to run right. The oil must be filtered very well. Talk to the restaurants. From what i hear, they are more than happy to let you pump from their tanks into your truck. It saves them money.
WVO has a higher innitial investment. You must have 2 tanks, one for oil, one for #2. I can go into much deeper detail, but as was mentioned above, there is an alternative fuels forum. There are at least a dozen companies offering conversion kits that i can think of of the top of my head. Do ALLOT of research first. Make sure you get what you want as you will have to change fuel filters often. Do it right & you'll be happy.