Body lifts are pretty simple and cheap. I'm not a Ford guy but the only problems I could see you running into would be shift linkage and steering shaft angle. (I had to buy a Borgeson U-joint $70) Go for it. Good luck fitting 36's on it without a saw-zaw.
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-Kris
Current Projects:
72 2wd Blazer
2013 BMW X5
2008 Chevy TBSS awd