Out of curiosity,what is a Pete 379 and "air leaf suspension"?
Peterbilt model 379 semi truck. Air leaf is the combination of rolling bags with the axle contained by a multi leaf pack from the frame to center of axle instead of control arms. They also employ a panhard bar to control side movement, something you may want on your conversion too to relieve that strain from the control arms.
The air ride with a leveling valve will be great on the back. It may only take 10 lbs to keep it at ride height and provide a smooth ride. Once weight is loaded, the valve will let in enough air to level it again and will still ride soft. You will need good shocks to control rebound. I found gas shocks were NOT good on the back of the Pete. Hydraulic shocks provided a firmer control over compression and rebound, but then the truck weighed 17,000 lbs bobtail and regularly hauled 80,000 lbs when under load with 40,000 lbs on the rear tandems. Less weight would allow for lower shock rates. Gas shocks may be fine for what you intend.
I DON'T recommend air bags on the front axle. Pete tried that in the early 90's and in fact, my truck came from the factory with the experimental bags. MANY of the initial trucks were rolled over due to the bags tendency to lift on the inside under turns. It made the truck unstable and leaned too far over. After a couple years of trying to remedy the situation, Pete brought all the trucks back into dealers and converted them to straight axles. On a street truck it may be OK but you would want a heavy sway bar to control the roll/lean on cornering.