I would be careful with caster adjustments though. I never thought about it before either, but my concern would be the play that you might get in the control arm from having it bolt up at an angle to the studs

and those studs arent very strong either so the stress of caster adjustments may cause them to fail.
I have relaxed a spring with the trusty old gas axe. Get a rule across the eyes and measure from the centre of the top of the spring vertically to the rule line. This will give you an unsprung height that you can use as a guide to how low you want to/can go. Then one leaf at a time, main/biggest leaf first, heat the spring with weight on the top centre so you get an even flattening of the leaf. Check to measure height diff to original, then once happy, flatten the others to this curve. Thats my method anyway. I think Jan-in-UK has mentioned doing this to one of his cars too. Maybe he can give his take on how to do this.
This does increase track though Darrell, maybe something you might not want with those retro alloys of yours. You could mod and fit your 500 spring as they are supposed to be shorter than a 126