I to have seen a few trucks strap down there front ends and have encounted even worse bounce from it. I ran the same suspension setup in my old truck as the fords do (I used a set of 2006 trailing arms) and my first two pulls I had the worse tire chatter I have ever seen. if it would have got worse it would have been some crasy bounce. In my case my wheel speed was so great that I believe it was preventing major bounce but you could hear the chatter come right thru the drive train and out the motor.
http://www.youtube.com/watch?v=9PjQlcBVhRk&feature=PlayList&p=E664E09CC0FF24D0&index=2
I was then recomended by Van Haisley to mount a set of 90/10 drag shocks up as close to the axle as possible and on the front side would be even better. What do you know, he was right! from then on I never had even a little bit off chatter or hop, the truck would lift a little comming off the line (leaving the line, when the sled is light doesn't involve the hitch height as much) but as I would make it down the track the truck would settle back down to normal right height. The drag shocks counter act the forces associated with the wheel hop. Could tell they where working, in 300ft they would get quite warm to the touch. Also, they are cheap...picked them up from Summit for around 80-90 for the pair at the time.
Good luck...Ryan