'72 Scamp-not really a "restoration"

Soliciting a couple opinions here concerning rear suspension:

I plan to make this car daily drivable, capable of taking long trips, and perhaps an occasional strip blast. I was thinking about caltracs with monoleafs moved inboard and minitubbed with the 8 3/4" when it finally goes in.

Anyone looking at this thread have this setup?
What are pros/cons of caltracs/monoleafs?
Other options?

Any constructive feedback is welcome-thanks y'all!

Edit: is there anything else I'd need to consider? i.e., panhard bar, anti-sway bar, etc...

Jeff