If you're static dropping, flipping the ball joints is crap. Gives you a ton of negative camber which looks cool, but you will chew through a set of tires in 200 miles. Look at the camber I have in this pic. This is with the torsions cranked down and the balljoints flipped.
That's a lot of camber that shouldn't be there. With the right rim and tire combo and removing the bumpstop from the lower control arm, just cranking your torsions down will net you enough drop with no problems. I never reindexed my bars and never had any problems with my bolts sticking out too far. I finally went and did things the right way and got a set of drop spindles and that corrected the camber and alignment issues.
Same truck,with drop spindles installed. No camber. Front wheels sit straight as an arrow.
For the back I just ran 3" blocks that were NOT angled. I never had any problems with anything.
btw,your buddy's silver ext cab is super clean.