Of course, every setup is going to need something a little different. I'm generalizing a bit relative to the OPs situation.
That said, the audience I'm addressing are the mildly modified street truck owners. The guys who drive them all the time, maybe tow some, have a hot tune on it, and want to fix the axle wrap. Caltracs backed off a couple-few turns will meet all of their needs, and not make the suspension unnecessarily stiff in the process like traction bars frequently will. They're also cheaper than virtually any off-the-shelf traction bars, and not significantly more expensive than just the materials needed to fab your own (not counting your time).
You're speculating on how much movement is allowed in the axle by backing off the spring a couple turns. I did the math when I put mine on, and it's well less than a degree before the spacer contacts the leaf spring. Hardly enough to worry about in a street truck (I'd argue the binding from a traditional traction bar forces the axle to wrap more than that just from normal articulation). I've been meaning to grab a Go-Pro video like N2BRK mentioned, but just haven't gotten around to it. I was under the truck a couple nights ago, and you can CLEARLY tell that the spacer is making contact with the leaf (i.e., they're working).
Is it the perfect set up for an 8-second drag truck? A 1500 horsepower pulling truck? Other extremes? Probably not. But that's clearly not what the OP is using his truck for. My truck is a simple 500 horsepower tune/trans/bolt-on LB7, that I drive and tow with frequently (20k+ miles a year). I'm usually running a sticky street tire, and before the Caltracs, it wheel-hopped like a son-of-a-b.... any time the tires broke lose, even in snow. With the Caltracs, it either hooks up perfectly, or it boils the tires off (usually hooks up). So they're working awfully well for me without any preload, AND there's no decrease in ride quality. Win-win.
I found the same info in my research beforehand. It makes perfect sense, and like I mentioned earlier: when you do the math on it, the axle is allowed very little movement before the Caltracs stop it.
you made some very drastic claims, this is a better post to suit your explanation.