When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.
There are truck chassis shops around that specialize in rebuilding leaf springs. They typically disassemble the spring, clean and re-coat the leaves, and reassemble it with new bushings. If any of the leaves are damaged or cracked, they can replace them. They can even re-arch them to a specific new height, or add leaves to increase the spring rate. Their price to rebuild them will be much less than buying new springs, and you may get a better result. Since you have your truck all apart, you can at least take the springs over to the shop and have them take a look at them. If you're doing that level of restoration then, yes, I'd automatically replace the bushings while it's apart.
The standard bushings are rubber between inner and outer steel sleeves. They are pressed into the spring eye with a big honkin' press. Race trucks and guys who are into rattling their teeth sometimes put in bronze bushings.....but you probably don't want to do that.
After 38 years I would say that the springs are not what they were. If you are really trying to restore the truck then have the springs re-done as xstrange has suggested. If it was my rig I would replace the springs with the correct rating and go with polyurthane (sp) bushings. It starts to get a little confusing when folks use the term "restore". How accurate are you wanting to be? My guess is that you are more looking to restore / modify your rig not just restore. If so then I would vote to replace the springs.
I really can't give you a straight comparison. I have never done just the bushing replacement on stock springs. I have installed different lift springs with new poly bushings and I thought that the ride was better. Mostly due to the bushings not being shot. Sorry I really can't help you any better. The poly bushings are better because they will not fall apart like rubber will. Rubber gets eaten away from the oils, gas leaks, and other road debris and the Poly won't.
Like LT said, I doubt that you could feel any real difference in ride quality between new poly bushings and new rubber bushings. The rubber bushings, as new, are very stiff, and there isn't much movement involved.
The main thing is that the rubber bushings disintegrate after 25 years or so, and become soft and squishy. Then you have real slop in the suspension. From that condition, any new bushings will be a big improvement.
The modern poly (polyurethane) bushings should be more chemically stable over the years than rubber, but they probably will still wear out from use. You might have to replace them in another 200,000 miles.
Rezvani's Latest Post-Apocalytic Monster Is a Ford F-150 Raptor Underneath
Slideshow: Called the Fortress, the 850-horsepower pickup combines Raptor underpinnings with military-inspired features, survival equipment, and a starting price of $285,000.