First off, let me say that I don't have any personal experience with using the Volquartsen internals for the MK series pistols.
That said, I've read many posts from folks who claim to have had good success in their MKIIs by using just the Volquartsen sear. The sear is available by itself, at a fraction of the cost of the whole Accurizing Kit.
Perhaps the results aren't quite as good as using the whole Accurizing Kit, but it's commonly asserted that the sear by itself goes a long way toward improving trigger pull.
Volquartsen's website shows their sear fitting both the MKII and MKIV pistols. If the same part fits both guns, I would think that the results would be similar in both guns.
A search on RugerForum.com or RimfireCentral.com should show some testimonials from users of just the Volquarten sear.
Happy tinkering!