I installed 4" Skyjacker. The ride is not harsh, but not silky smoother either, I prefer to avoid extended shackles. (1.5" extended adds only .75" of lift). The only thing that is required outside of what is included in the lift is a longer rear brake line, available in stainless steel from skyjacker. I went ahead and installed greasable anti-inversion shackles. Don't forget that you need 8 more stock size bushings, available in polyurethane from SOR and other vendors.
I did nothing to my drivetrain, I have fully flexed the suspension to its limits with no side effects. While my driveshaft lengths are probably not optimal, I knew I would be installing a new transmission soon that would alter driveshaft lengths anyway.
Be aware that if you have any marginal u-joints, especially in the rear shaft that may not be noticeable right now, a lift will likely cause them to fail and become noticeable. This happened to me, I replaced the failed u-joint, not another problem, 6 months later.
You may or may not need caster correction shims with lift springs, with 2.5 inch lift springs probably not. I wouldn't need caster correction shims if my cruiser was not a DD that also got flat towed. The flat towing really brought out the lack of caster (bad tracking). I am installing 2.5 degree caster shims from this weekend to hopefully remedy that situation.
Only "problems" that the lift itself has created-
1)finishing off an already gone u-joint
2)longer rear brake line
3)caster correction shims.
Thats it for me. Good times, and go for the SJ 4", you won't be disappointed.