*****Under Construction*****
First off a big thanks to 9chevy4 for borrowing his photobucket to me until i get my own
Here is a quick run-down of whats required to do a stock floor bodydrop. I will break this up into a few different parts:
1) Lowering the cab mounts
2) Sectioning the frame under the cab and welding in the 2x4 tube
3) Modifying the cab floor (over transmission, driveshaft and part of the frame)
4) Lowering the core support mounts
4) Bodydropping the bed
Keep in mind as you are looking at these pics that alot of them dont represent what the finished product should look like. For example some of the pics show spot or tack welds ....these were later finished off with a solid bead for strength.
The first thing that I did was to set the frame up on jackstands and level it off and comfortable working level. Here you can see my stock body mounts are in pretty sad condition so I decided to just make new ones. If your body mounts are in good shape you can just reuse them and lower them down instead of making new ones.
I layed a piece of box tube under the frame and took measurements off of that.
To make the new mounts I started with some 4"x4" x1/4" tube and cut it to look like these.

Using the old measurments as a reference I welded the new mounts in place of the old ones ..only they were 2.5" lower.
Once its tacked in place you can cut out the new hole for the rubber body mount. I used torches but a plasma cutter would be ideal for a perfect cut.
Once all 4 body mounts are lowered its time to trim the frame down to make clearance for the cab which will be sitting 2.5" lower. To maintain the strength of the frame I welded in some 2x4 tube. I used 3/16" wall tube...which i feel is plenty strong but not overly heavy. The front of the tube will have to notched since the frame kicks upward right at the front of the cab.

Tuck the piece of 2x4 inside the frame until it hits the front curve of the frame

In the back make a second piece of 2x4 for the kickup at the back of the frame. clamp the 2x4 close to the frame and tack weld the two piece together while they are in the frame

Once the pieces are tacked together you can remove them and weld them together all the way around for a nice solid connection.

RE-install the 2x4 into the frame and clamp it nice and tight against the frame. The more clamps the better.
Now its time to start welding them together. There are a bunch of holes in the outside of the stock frame which allowed me to weld the 2x4 to the stock frame from the outside.