Speaking of droop adjustment, I just installed some big bore shocks on my M03 last night. I added the single limiting O ring as per instructions and after bleeding and installing the shocks, I find I'm stuck at 4.5mm ride height with zero droop on the rear. I guess the instructions assume 60D tires, I'm using smaller ones. Hopefully I can get enough travel back by unscrewing the ball end, I really don't want to have to rebuild them again...
I also noticed the preload adjusters are VERY loose on these shocks. I scored 4 lines on the threads with a box cutter (tip I read on here the other day) to tighten them up, and they're still too loose. Might need blue threadlock after all.
While I was at it, I installed some universal axles (53597). Had to remove the black O ring from the diff outdrive (stock gear diff) as it was causing massive binding with the universals. There's quite a bit of play now, might need to cut up the urethane bushings that came with the shocks to pad it out.