I recently purchased a brass drive shaft bushing from Lang's. It came with a slot or groove on the inside surface approximately 1/8" wide and 1/16" deep.
1. Should I attempt to align that grove with the hole for the grease cup ?
2. The OD of the bushing is about 1- 2 thousandths greater than the ID of the place in the drive shaft tube where it will be seated. I think it will be hard to seat. Should I turn it down a bit ?
3. Can I seat the bushing with a large socket?
I've never used anything but a genuine Ford driveshaft bushing, but yes, make sure the slot lines up with the hole you will have to drill for the grease fitting.
"Polish" it a bit until you can insert it maybe halfway with yer fingers. After that it should tap in with a brass bar with little or no distortion. Don't forget to face off most of that flange if youre using a Regan spool kit.
Drill the grease hole when seated. FWIW, mark the OD with a sharpy on the grease groove and witness it through the grease cup hole, keeping it indexed. ws
No need to buy the expensive facing tool, the new bushing can be reduced in diameter to a slip fit in the driveshaft housing so the thrust can be checked and adjusted if needed with the bushing out. Then it can be cleaned and glued in place with loctite.