Well, if you went with the TJ flares and trimming you'd get a bit more clearance. It does nothing for lifting it though. I'd probably go with some
Dogleg shackles which lift 3/8" I think. (not much) it will help with the rear suspension since the shackle usually hits the rear cross member before it is fully extended, limiting travel. I'd probably consider swaybar disconnects, and relocating the front brakelines for more length. (
free). Then consider removing the rear track bar. it will make a day/night difference in the ride. You could also probably disconnect the front too, but it does have some side effects. (steering will seem to have a bit more play since the suspension is allowed to move.)
Here's the problem with lift shackles. If your leafs are stock, the shackles will probably accelerate wear. Taller the shackle the more lift but at a cost. Shackles lift only one end which will change the pinion angle as well as the front end caster. Caster is anywhere from 4-8 degrees and adding taller shackles will reduce that. This can causes the wheels to wander a bit. It's best to stay under 1.5" lift and really 1.25" is considered max. 1.25" means that the shackle is 2.5" taller then the stock shackle (4").
As for body lifts, I run a 1.25" JKS body lift. it was fairly easy to install BUT if you live in the rust belt, it might make it more difficult. The bolts get eaten by rust. It's always a good idea to check the body bolts though. When I moreved mine, I found that most had around 1/8-1/4" eaten away from the bolt.
There is a square nut that's captured inside the body of the Jeep. You can't get to the nut. It's held in place by some tabs. Sometimes these tabs break off and the nut will just spin. This makes a easy project into a hard project since you have to get the old bolts out without breaking anything. Basically you loosen all the bolts but only remove one side. Then you use a 2x4 on a floor jack or a hi-lift to prop up one side enough to get the bodylift in. Usually teh whole body will shift a bit but should recenter itself once you get both sides in. If nothing goes wrong, it should take 30min to 1 hr.
This is the most recent discussion on cams.
http://4bangerjp.com/forums/index.php?topic=2989.0 If you have further questions on cams, either ask them there or start your own thread.