I find this discussion very interesting, as I have wondered about using sliders on my 40. I have FJ55 rear springs on both front and rear of my 40, left the stock spring mounts in the stock location on the frame, and then used 3/8ths thick flat bar to make long shackles. The length of the shackles is about 5 1/2", if my memory is working. This shackle length, on stock shackle/frame location, and with longer than stock springs, has the shackles at about 45*. This, according to my measurements, allows the springs to go flat just before the spring eye hits the frame. But, right after I finished this mod I discovered the F head was cracked, with no funds to replace the head, so it has just sat there and I haven't been able to test the mod.
My biggest concern was if there would be too much side to side wobble with this set up. Because of this concern I spent a great deal of time thinking about the set up. Sliders was what I came up with as a possible solution. One affect of sliders would be that the long shackles would no longer be sticking out there to catch on anything. The sliders, configured like the ones that Lil'john has, would also work to let the front suspension slide over obstacles on the trail in a much easier way.
Don