Hey- Welcome to the insanity! You have to keep us informed on your build, I've been thinking about something like this for awhile, I've just got waaay too much on the go right now to actually do something about it. I'd love to trade ideas though. Here's what I have to work with, courtesy a friendly neighbour. 18hp Wisconsin industrial engine, 2cyl, electric start, gas. Mounted to that engine is a hydraulic pump. I also have two hydro motors, some hoses, and some associated goodies. As you can see, I'm thinking about making it hydro drive, which certainly sorts out the forward/reverse/skid steer thing rather easily. I think my biggest problem is trying to figure out how to make decent enough tracks (that will stay on) without breaking the bank.
A simple and dirty skidsteer system would involve using an open, automotive-style differential. Power is delivered to the diff thru the pinion gear as normal. Each output would drive a track. A brake would be connected to each side (as normal) but controlled independantly. Thus, driving along, you'd apply the right brake to steer right, and the left brake to steer left. A reverse gear could be added somewhere, but you would not have the ability to drive one track forward while the other is reversed. On the upside, this certainly would be the cheapest and simplest method.
Anyhow, keep us in the loop. Cheers!