Kix,
You can buy and install the TT parts on a MKIV. There are a few issues.
The VW ball joint is different that the TT
The TT ball joint won't fit the VW lower control arm
The TT lower control arm fits the VW, but the swaybar mount is missing
The tt mounts the sway bar to the strut.
The TT parts are expensive new, and used it's hard to find a good set with good bearings/etc.
Your best bet is to get some H2 sport spindles. H2 sport is a canadian company that made MKIV spindles with a low ball joint position. Even lower than the tt. I have this kit on my GTI, and I must say it has transformed the car completely. Far less body roll, much more negative camber. It's an awesome mod. This is why car magazines rave about the TT yet poo on the GTI/jetta even though we think it's "the same chassis"
These parts are avaialbe with bearings, hubs and sway bar extensions for a very good price. Better than you can buy TT parts.
http://www.h2sport.com/ for details
The only problems I have run into were related to my big brake kit. I have ECS 13" brake upgrades that shift the rotor inward alot, and they hit the lower ball joint area on the spindle. If you upgrade and use TT brake kits, they do not interfere with the ball joint. (some may be very close, so you will want to investigate before you buy) all TT sized rotors will fit perfectly.