Using a dropped axle is good because you don't loose too much suspension travel,it'll lower the truck but not radically.
It's the same as using lowered spindles on an IFS,it wont alter the geometry too much,if at all.
Fitting 20" wheels,even at stock height will always compromise the ride slightly due to the lower profile tire (less sidewall) so consequently it will be firmer.
Personally I would go for a gas tube shock set-up as they tend to have better bound and rebound characteristics.
A straight axle is a lot of unsprung weight to control.

Oh...and Welcome to the 'bolt! thumbs_up

P.S Post some pix of your truck! grin
Jock.


1950 Chevy Advance Design 3100 in Scotland
In the Stovebolt Gallery
More pix on Flickr.
I've definately got this truck thing in my blood ... my DNA sequence has torque settings
"Of all the small nations of this earth,perhaps only the ancient Greeks surpass the Scots in their contribution to mankind" Winston Churchill.