Brett,
My post on Rons thread was in relation to them shifting the trans slightly from the chassis builders (presumably ) optimum position in order to create enough room for another component eg-starter-alternator etc, and in doing so create a halfshaft problem which would not show up until later in the build.
Russ,
There is no great problem with running CV's at a slight angle ( in fact it is preferable to running them 'straight' ), but the halfshaft plunge capability must be carefully checked thru the whole range of suspension movement to ensure that they neither compress to the point of bottoming out or extend to the point of pulling against the retainer circlips and when doing these checks bear in mind any suspension changes you may intend to make in the future to obtain the correct alignment(See the two cobra Forum items that Fran posted ). Fortunately the CV's dont suffer from 'Spline Bind' like the older splined halfshafts and suspension 'jacking' under power is unlikely.
Ideally we would place the output shaft at a height relative to the rear wheel hub in the same manner as the steering rack/steering arm when doing bumpsteer checks to keep plunge distances to a minimum, but unfortunately things like ground clearance under the trans/bellhousing/oil pan dictate this height and of course the tyre diameter sets the hub height.
Jac Mac