I don't know, Jerry. You're starting with 3.56" in the 235 and that sleeve is what...3.74" o.d...95mm? That is .18" over or .09" on each side. It might work. I'd be a lot more comfortable if we were taking out .06" though.
~ Jon 1952 1/2 ton with 1959 235 | T5 with 3.07 rear end