1/2 ton would be a 10 bolt rear end. End play still sounds about right. If it seems excessive to you, pull the rear cover and have someone move the shafts while you take a look. The axle shafts are retained by C- clips to keep them in the tube and a cross pin that goes through the center of the carrier to keep them from sliding too far in. The cross pins can fail or the retaining bolt can break allowing the cross pin to move. IMO it doesn't sound like you have a problem. I guess I should ask what made you notice the axle end play or what were you working on when you noticed it?