[quote]Now the problem I am having is that the drive shaft is so much closer to the body of the car when i give it the gusto i can feel the drive shaft rubbing on what appears to be the emergency brake cable near the rear of thr car.<hr></blockquote>
Are you sure it is the emergency brake cables that are rubbing as the cables are routed away from the driveshaft at the rear of the car?
What type of traction control are you using? Being lowered this way, hard acceleration is most likely causing excessive pinion angle tilt pushing the driveshaft closer to the tunnel than it should be.
You might want to consider modified/adjustible rear control arms with hardened bushings and some type of adjustible pinion snubber.
Let me know if this makes sense.