Yes it will work. The only thing you will have to watch it the calipers rubbing on the bag. We had to grind the calipers down on a friend of mines jimmy. He blew a bag before he knew what hit him.
Yeah, you can mount the upper bracket wherever you need on the frame. Make sure you test fit it. I don't remember exactly how much lift it gave. I think it was like 6" or so. The ride wasn't bad sayin it was monoleaf.