Greg,
I'm contemplating doing something similar with my 48 F-3. I don't know exactly what the differences are between your 42 1.5 ton and my 48 3/4 ton. The original wheelbase of my F-3 is 122 and I want to shrink it down to 114 which is the wheelbase for a 48 F-1. I haven't started the project yet, but I think what we want to do is similar. Since F-3 long beds (8 foot beds) and running boards are so hard to come by, I will use an F-1 shortbed and F-1 boards. So far, in my research I have found that the shortening process will involve taking an eight inch section out of the F-3 frame somewhere between the cab and rear spring hangers and another few inches (not yet determined) from the end of the frame beyond the rear end. Hope this helps a little...
