I took some measurements for trailing arms, without cutting into the cab I could only fit a 2.5x8 coilover and get a 1.35:1 MR (about 10.8" of travel).If that's the case, I'd say just do some trailing arms to gain a little more travel from your shocks.
Unless you just want to prove your concept, then go for it.
I like trying new and interesting things, I think I'll give my concept a go. If anything I learned from this thread is maybe reduce the MR and make it slightly progressive. I'm going to Accutune tomorrow so I'll talk it all over with them and see what they suggest.