I run the ORD and 57's on my K5. Rene's description of how these units improve over stock is dead on. You'll likely have more articulation than you can use.
When I first completed this swap I kept the shocks off to get an idea of where I wanted to mount them. W/o the shocks driving characteristics on the road were unsettling to say the least. I also kinked a spring the very first time I was remotely "heavy" on the gas pedal (still with no shocks) during the testing process.
Based upon my observation on how it handled w/o shocks, I ultimately decided to run shocks in their stock orientation to try an limit axlewrap until I could come up with an apparatus that didn't limit orientation or ground clearance (much like the one on Rene's rig.) My inner fenders / shocks currently limit my up travel and my shocks limit my droop in this configuration, but it does provide *some* stability against axle wrap.
Additionally, I was concerned with body roll. Inboarding the shocks like this ( / \ ) is tolerable on a mildly street driven rig (to the trail, around town on the weekends), but daily driving like this I believe would be undesirable. Had I decided to keep my K5, I was planning on tubbing it out and run shocks near vertical, again like Rene described, as I believe it offers a good compromise on articulation and limiting body roll.
For an example on how much the body rolls, my truck has a noticeable lean either to the left or to the right when it's parked, based upon the direction of my last turn. Again, with stocks in their standard orientation.
One other thing, when you pick the springs up at the j-yard be sure to pick up two sets. Mainly because even with this set-up you'll likely have a slight squat to the rear. I have a squat to the rear and I used a zero-rate on my rig, mainly to accomodate the off-set center pin but also b/c I thought I would get a little extra height to the rear. (I was wrong. /forums/images/graemlins/grin.gif) If you don't have a squat, at least if / when you kink them you won't have as much down time.
There's my 0.02 from my experiences.
Good luck,
Lance