Ok first let me say my search has not narrowed down my question much... still said I had 40 pages..
Anyway, I am in the process of taking a 1 ton and cutting the frame down to a 1/2 ton size. At the same time I have taken an swapped out the axle, but knowing the height and the transmission(Manual Stock) and the axle are off(parallel). I am also off left to right of the main center by ~1 1/8" - 3/4" depending on how far I offset rear left to right. Now the center of the pumpkin is dead on with the center line of the truck and for that also the center of the transmission output.
I did read the dana documentation on compound angles and I can say I am more confused now than before. Is it ok to have it like this provided all the angles stay parallel to each other?

I am at a complete loss because I remember the last time I did this I just offset the axle and ran it with spacers on one side, but there it was only 1/2" off. Any help would be greatly appreciated.

Tech info: 52 Chevy - Stock engine/transmission - using an El Camino rear.