No guy. I joined this site just to warn you while I was doing a google search.
Your air shocks are worn out if you can't get your rear end off your wheels. Improper backspacing to begin with. If you HAVE to make do on the cheap, stick some air bags in your worn out springs: http://www.summitracing.com/parts/AIR-60233/
Air shocks will punish your 40 year old shock mounts (if they're not busted already).
Edit: You don't want your arse up that high like in the second picture anyway. Handling, weight distribution, wheel hop, unnecessary wear on your trailing arms and front suspension... you want your car to squat and go.