Only thing that I would worry about is the difference in range of motion of the four link. With an open drive shaft, there is a slip yoke at the transmission end of the drive shaft that moves in and out to compensate for the motion of the 4 link suspension. I don't believe that the torque tube allows for and aft movement.

1952 5-window - return to "as built" condition | 1950 3100 with a 235 and a T-5 transmission