WILL IT FIT ???
#1
#2
54 inches?!? To the best of my knowledge, the stock width of all Ford 1/2 ton axles from '48 to '72 was 61" from wheel mount surface to wheel mount surface. And yes, I think that you'll find out that the Falcon axle is too narrow. They are amongst the narrowest live axles that Ford ever built. The only narrower unit is the 8 inch out of a '63 1/2 Falcon. You'd have to run wheels with a pretty heavy positive offset to keep them from rubbing the side of the box, frame, springs, etc. Doing that isn't good for wheel bearings. I'd keep looking!
#4
If your existing rear gear is a ratio you are happy with you could also pull the axles and take them to a machine shop and have them re-drilled to the 4.5" pattern. Check out an Explorer rear which could also give you rear disc brakes. I also would measure using the wheel mounting surface when comparing widths so you know exactly where your wheels will be located for clearances. As I recall the distance between the frame and the inside lip of the rear fender is about 11" so try to get a width that will put you near the center of that space.
#5
Fairlane rear end
I used a 9" from a 1968 Fairlane in my 52 F1. The width is a couple of inches narrower, but reverse offset wheels worked fine and gave the rear tires look wider which, being from the darkside, I like. My truck is posted here somewhere if you want to look under Zoot's truck. Hope that helps