i'll throw my $0.02 in as well, as i drive a lifted chebby with both 38's and 42's.
my combo is a little different than yours-454/T400/205. i have factory 4:56's and i find them about perfect whichever tires i'm running. truck will snap off the line like greased pig snot (surprised a few imports, mustangs, camaro's and a bimmer once...) freeway is best at 60mph or lower. with a 1:1 trans, my tach hangs around the 3 grand mark at 60mph-glug, glug, glug....
instead of driveshaft spacers, use a cv and a high angle yoke. belive it or not, i'm using the stock fr driveshaft on my 8" lifted crew. ground out the cv stops and added a longer, high angle yoke, never had any issues. my rear shaft is also stock, but it's a 2 piece'r with a dropped steady bearing, i did lose about 1/2" of slip on the shaft, but i've never managed to pull the other 4"s out-ever.
you will haft to shim your axles to keep your drivelines reasonable, or use tapered lift blocks. a small (1") t-case drop can also help your angles.
you will definitley want to run crossover. i once had a dropped pitman, "s" draglink and a steering block, while not bad on the street, they are lacking off road. get your axle dropped, like in a hole, and turn your steering wheel, and the tires will still be pointing strait- can make for a pucker moment. and crossover is completely fine on the street, been running mine for about 7 yrs with zero probs, and it will steer with one finger. i would strongly recommend a GOOD ps box, screw the remans- their junk especially with big rubber. i installed a Redhead box in mine, couple bucks more than a reman, but well worth the money. you really want to scrimp on your steering?
this is the box i'm using
Part Number: 2856 (3 Turns). Part Number Fits: 1980-1991 GM Pickup Trucks, Blazers, Suburbans or Jimmys. Please Note: This steering gear has a threaded output shaft, which indirectly turns the tires, a nut and washer is used to connect it to the pitman arm. (Please see the second photo on...
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