Installed the second set of shackle and hanger last night. Was much easier since I now knew what I was doing. Took me about three hours with a few beer breaks. Glad I replaced it now instead of waiting. It was pretty much rusted off as well. I doubt it would have lasted much longer.

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1994 Ford Ranger Ext Cab XLT 4.0L OHV 4x4, A4LD Automatic Transmission, 3.73 8.8" LS, 31X10.50R-15 BFGoodrich All-Terrain T/A KO tires