We recently purchased a 1994 Ford F350 SRW with a DRW Roll-A-Long conversion. It now has a 24V Cummins in it with a E40D tranny.

Somebody along the lines decided to lift it 2". It has a 4" spacer in the front, and a 3" spacer in the rear. The steel type with the huge stud extenders you can't find if they get stripped out?

Some hot dog, put 285/75R16 all around. In the rear: They have an inner steel rim, 1/2 spacer, and an aluminum outer rim, and barely enough room for the lug nuts to spin twice, much less enough to be safe. And yes you guessed it, several of the lug bolts/odd ball extenders have been ruined. And the tires are rubbing. Not sure what they were thinking. Well maybe that was the problem?

Anyway, I am trying to get out of this fix, and any saintly advice would be OH SO appreciated.

Here is what I have been kicking around:

1) Attempt to find a custom 3" spacer for a dually in the rear, hub centric, with damn near 3 inch lugs.
a) Have been told no can do by 2 shops, have a quote out to wheeladapters.com
b) Are longer studs safe/feasible?
2) Replace 3" spacer in rear with a hub centric off the shelf, with usual sized lugs, replace aluminum outers with steel, and swap all the tires to OEM 235/85r16
a) This is the $2,000 nuclear option
b) What is the largest tire I can go with, and not need a spacer between the tires in the rear - it is lifted 2 inches

Any help would be greatly, greatly appreciated. I can't imagine it came from Roll-a-long this way, and I hope the person that cobbled this up, has stopped their engineering exploits.