Well, after towing light loads and running empty I really am glad I installed these. Rides so much better and handles better too. I actually got to this point because somehow I had the u-bolts on the drivers side loosen up and I lost the very thick, short, bottom leaf on that side. Ford wants $273+ for a whole spring pack. I just needed the bottom leaf. I took the passenger side leaf out so it would ride normally. After searching for months in salvage yards across the southeast with no luck I figured I would go a different route. I looked at buying a lift for it but it would've cost me more than I wanted to spend. Airbags seemed the logical route to take.
I don't think you will have a major issue installing them over the plates for your hitch. You "may" need to go get longer bolts at Lowes, etc. I would use Grade 8. There should be enough adjustment available to make up for the thickness of the plates. If I get time tonight I will take a pic and post it up.
Now I have to save up for the controller. It's $100 more than the bags themselves!?!?