June 21st, '07:
Wow, its been way too long since Ive posted an update. Over the past couple months weve been working now and then on finishing the rear half of the truck... and its almost there. My dad rebuilt and painted the rear end and it now carries a Richmond 4.10 gear with a posi unit.
The frame is completely painted now and everything is re-assembled with rebuilt springs, the 4" drop kit, and all new bolts for everything. Heres some pictures of the process:
All painted:

Rear end cleaned, assembled, and ready for paint:

Shhh, dont tell anyone its Ford Grey:

Raising it up to be mounted:

Back on the wheels and sittin low:

All we need now is a custom driveshaft, brake lines, wiring, and interior... oh and the time to do it all.
August 25th, '07:
The brake lines are done, the new custom driveshaft is in, and shes rollin! We only need the wiring done to make it street legal, but we couldnt resist rollin through the neighborhood at least once. We still have to break in the motor the rest of the way, so we went pretty easy on it, but it seems promising.
Check out the vid:
(I know the sound doesnt work, but you can CLICK HERE to see the video with sound on streetfire.net