67 Coronet - yeah, the IAS stands for Inertia active system. On rough roads they're supposed to behave softer and on smooth roads an internal valve remains closed for a firmer feel and response.
They also say that the shocks "have been designed to deliver an improved ride by eliminating chassis bounce at high speed and to allow for height adjustability at time of installation."
I didn't specify at installation that the rear was 1-inch lower due to the Hotchkis leafs and I'm running 28" tall tires (1 inch taller than stock) so I didn't think it would matter. Maybe it did?
So here's the update! -
After driving Dennis' car, he was helpful enough to put me in touch with one of his go-to mopar mechanics so we could pick his brain and have him help me fine tune the handling of my car. He went through everything with me and over the course of 5 days has my car handling better than I thought possible. Here's what I found out and what was done:
One of the top contributors to my problem was my tire pressure! I couldn't believe it. You learn something new every day...I'm running 275/60/15 Mickey Thompson Sportsman S/T's out back and the same brand tire in a 215/70/15 in the front. Those tires say max pressure = 44psi. This is much higher than the typical 35 psi I'm used to seeing and I've been inflating all 4 tires to 40-42psi. First thing that was done was the rear tires were lowered to 28psi and the fronts to 30psi. This helped the handling and the ride quality tremendously.
Next thing that was discovered was my Moog idler arm which had seen only 1500 miles had a lot of play in it and was thought to have gone bad. When I ordered the rear RCD tuned bilsteins from Firm Feel, i also ordered their fast ratio idler arm and fast ratio pitman arm (both longer than stock and won't work on a big block with most headers. I'm running a small block 360 with headers and they fit fine. They will also fit when I get my 451 big block done since I'm going to be running manifolds). The improved steering response of the fast ratio arms is very noticeable. The feel is great and it's not overly responsive at all.
We also raised the nose of the car by almost 2 inches so it now sits just a hair down from level.
Since I ordered it from Firm Feel, I had the steering sector support installed. This removes slop from the steering box itself moving on the outside and involved drilling two mounting holes in the k-frame.
I left the Edelbrock IAS front shocks on and don't plan on changing them at this time.
The mopar suspension guru also greased all of the heim joints and pivot points with some industrial type teflon oil he uses on his mopars.
Another factor that was fixed that contributed to my handling, although not to the original bouncing issue, was we took my car back to the local rear end shop where I had originally had the 742 case 8-3/4 sure grip rebuilt and I had them pull it all apart again since it was very tight and still hopping and squealing around corners after 1500 miles and the initial 500 mile grease change. They determined that the case was bad after trying to adjust it over 10 times. The spider gears were also now shot. They had a new Auburn sure grip on the shelf and I had them install that with the 3.55's that I had put 1500 miles on. The rear handles like a dream now with no tire chirp around corners, and it doesn't fight the steering of the car anymore.
Last but not least we took it to the alignment shop and had the toe dialed in. The caster was fine as-is at +4.5. Can't remember what the camber was, but I think that was fine too.
After all was said and done, the car now feels great. It steers responsively and predictably. The balance is better with the nose raised a bit. The rear bounce is virtually gone now and feels smooth, but firm. I drove over a bunch of bumpy roads and had no problem at all. I drove over the same road near my house where the problem was originally very noticeable - there is still a bit of rear bounce (there's like 4 or 5 little dips in a row on this one stretch of road), but I would say that the rear bounce and bounce of the whole car has improved by at least 80%.
The mopar mechanic said in his opinion just changing the shocks would not have solved my problem and if we had left them on I may not have been able to tell that much difference between how it turned out.
Thanks for all of your input. I love driving my car now! A few months ago it was stressful to drive and now I feel that it's dialed in nicely.