Thanks for the responses. The truck does not have limited slip, although 10% of me thinks it does.

Whenever the tires spin, they both spin. Except during extreme situations I try to get it in, like one tire on ice, one on dry pavement (where it's then obvious it's not an LSD), the rear end hooks up very well and uses all of the traction available. Even in the deep snow we have, I drive in 2wd most of the time, and just leave the hubs locked in case I have to use 4wd.
Now that most of the snow is even starting to melt into slush, I don't even have the hubs locked anymore. More parasitic loss equals less mileage. But I just don't NEED 4wd at all anymore.
The shocks feel pretty good. The front ones will "gloosh" a little bit when it's cold -- meaning it sounds like there's air bubbles in the gas and I can hear them going through the valving. And the rear shock's metal "hood" (that covers the exposed area of the smooth pushrod) is rusting off, giving away their old age. They still work nicely though. Maybe this spring I'll put some new ones on.
Yes, when it starts to violently hop, I just smash in the clutch real quick and let it back out easily and usually don't even slow down any in the process... :-)