First, what I did was road racing. Driving in a circle for an hour gets me dizzy! :grin: As far as the Shelby drop, I highly recommend it. I've done a couple of '68's with it, and the handling improves a bunch. To be fair, I always paired the drop with a wheel and tire change, what used to be called +1/-1, which is add 1" of wheel diameter and remove 1" of tire sidewall. 14" wheels became 15" and the tire diameter remained the same. This is the second part of the equation, which is why Shelby's came with 15" wheels. I also changed from factory shocks to KYB. It was the best you could do, back in the '70's and '80's. So the short answer is, yes, but think of your suspension as a package to get the most out of it. You will see some increased wear on the upper ball joints, but as these cars are no longer daily drivers, and I don't think you'll be hitting Watkins Glen every weekend, it won't really be an issue. The new parts you've assembled sound good. Did you buy the roller perches?
Steve