the only way to lift/level a vehicle and do it properly is to include a track bar drop bracket to bring front suspension geometry back into spec (except for the increased height, of course).
Yes, but only if a dropped pitman arm is used. If we assume the drag link and track bar swing in the same arc from the factory, then to maintain that geometry, you would need to lower the track bar the same amount as the drag link was lowered.
In practice, this isn't always doable, so therefore the trackbar is lengthened, as well. This keeps the axle centered at ride height, but introduces a (usually small-to-imperceptible) amount of bumpsteer. For example, on my '99, I measured my drag link at 32", my DT track bar at approximately 36" (going from memory here), which translated to about 2° of bumpsteer throughout the movement of the axle. That's not bad, and isn't noticable to me while driving the truck. Other setups produce far worse results.
Shouldn't the track bar be parellel to the drag link? I think I read that somewhere.
Yes, if possible. The reason is that you want the drag link and track bar to swing in the same arc as the suspension cycles. This keeps the distance between the pitman arm that the end of the drag link (where it exerts force on the steering) the same. When they don't swing in the same arc, you have the axle moving side-to-side. Since the drag link can't stretch or compress (a good thing

), something has to give. Either the steering wheel remains steady and the tires turn, or the tires remain pointed in the same direction and the steering wheel turns. It depends on how tightly you're holding on at the time.
-Tom