Just took a careful look at my 91, and I vote for the jackstand/splash guard approach as the AC and PS belts are easier to get to that way. Some thoughts:
The splash guard is one piece and goes from wheel well to wheel well. It's helpful to remove the wheels/tires to give you more room to undo the screws and nuts holding the splash guard. Removing the wheels gives you a chance to inspect your front brakes as well.
Jacking up the car using the cross-member is very good.

Jacking up the car using the oil pan or steering rack is very bad. :eek: Choose wisely.
13 and 19mm sockets and wrenches will turn most of what you need. The AC has an extra idler pulley that's adjusted with a hex key wrench.
Good idea to loosen the bolt that the idler/adjusting arms pivot on prior to loosening/tightening the adjusting bolt. You'll improve your odds of not stripping or breaking the metal teeth on either the bolt or arm.
If you have a salvage yard nearby, it's a good place to practice or pick up replacement idler arms or adjusting bolts in case the previous owner messed up yours.
Belt order placement from engine to radiator is alternator, AC, PS. If your old belts aren't totally trashed, you could save them for use in an emergency repair kit (along with spare relays and fuses).