Tom, as usual you are right on the money with regards to traction bar issues. Its been debated since SOA's started happening (the PO of my company started doing them in the early 90's

) and its like not going to go away anytime soon. Many companies have built what they consider to be the end all design for a traction bar but as noted they all have a trade off which in most cases is the stresses added to the front half of the rear main leaf. There was a local Cruiser shop (DJ's Traction Systems) that had a design for a traction bar that was a bit different in this regards, sadly it never took off and he closed his doors several years back (I bought the majority of his Cruiser inventory but not the traction bar stuff). I'll try and dig up some pics of the system he designed and marketed for Cruisers. SL Cruiserheads and several ExPo'ers will remember his setup, some might even have pics of it installed?
This leaves you with two options. Run the traction bar rightfully knowing it could cause issues down the road, but banking on the good track record that may Cruiser owners have had, with little issues. I know that doesn't sit well with some, and take it for face value, but I have customers with traction bar equipped SOA's that literally have hundreds of thousands of miles on them, cross-country, Moab's hardest trails and years of daily driving. You'll find this situation repeated with many users, not to say a spring failure (or more commonly a traction bar failure in my experience) won't happen.
Option two is to not run a traction bar and let your springs suffer the consequence. Its no mystery that stock'esque light rate springs will "S" out in a hurry, that or they crack most often right at the u-bolt plate. However, I have had extremely good luck with using beefier springs, often with thick overload leafs on the bottom of the pack in conjunction with an SOA. Its no secret that we often use modified OME leaf packs on our SOA's and have done so on 40's, 45's and quite a few local 60's and 62's and even a 70 Series that a local owns. Now on your typical lightweight build 'rockcrawler' build, these springs will leave you lacking flex and ride quality versus say a stock flat spring... however on heavy rigs with big winch bumpers, tire carriers, tools, drawers, battery systems, etc, they have proven to be a very good option. For example I run them on my FJ40, (actually using OME 60 springs on the rear and OME 40 springs on the front) and have no notable axle wrap issues and the springs have held up nicely over plenty of on and off road use. Do I lose travel due to this, sure, but I have nice heavy springs that don't sag when I severely load the back of my rig, put the tongue heavy trailer on back and hit the road. Its not an options I suggest to the average LC SOA customer, in fact unless they really have a heavy rig, its likely going to leave them less than satisfied with the ride and flex. Add to the equation a rig that's more likely to be used between a mix of difficult trails and long distance driving with an above average payload and your sitting pretty nicely.
Its important to note that Land Cruiser axle wrap issues are not exclusive to SOA applications in fact I have customer running traction bar setups on SUA setups too. They are just far more common in SOA applications due to the fact that stock, low spring rate and "soft" springs are most commonly used in SOA applications for the added flex, ride and parts availability and that common thick/overload equipped lift springs are just too tall for an SOA. LC's with custom low spring rate SUA lift springs (such as custom Alcan springs) can have similar issues with wrap. This is mitigated with SUA lift springs often by having far more leaves and a thicker overload/anti-wrap leaf on the bottom of the pack. Right back to my note about using thicker/overload equipped packs on an SOA and I think you can have a reliable SOA setup with no issues.
Likewise the actual failure point of axle wrap can be somewhat mitigated too. I use CV driveshafts front and rear on SOA builds whenever possible. This allows use to nearly point the pinion at the t-case (we address all oiling and caster issues accordingly). With a ~0* pinion angle relative to the driveline, a bit of wrap will not cause the same issues as say a 5 or 10* angle, the pinion simply won't bind as soon. That bind equates to a broken pinion.
A couple of local SOA Cruisers we've setup using modified OME packs:
(in this pic my FJ40 was SOA using stock springs modified with OME parts, its now got modified OME packs resulting in a near identical setup with a bit of added height as my payload has continued to increase

)
(Brown 60 was SOA'd on OME springs not long after this pic was taken)
Now when I said "the simplicity and reliability of a quality SUA suspension lift is hard to beat when you compare the $1500 OME price tag to a $3000 SOA price tag." I really do mean it. Its easy for a 'complete' SOA setup to reach into the $5k+ range by the time we address all the aspect of the build. 35's lead to 4.88's, R&P changes lead to lockers, lockers lead to upgraded shafts, upgrade shafts lead to complete axle overhauls. One could hit the $10k mark by dropping off their Cruiser for an SOA by the time the last domino lands. Do I feel comfortable sending the customer on a 50k mile trip into South American and back when done, you bet... but if the customer needs dictate a 33" tire and payload, I'll talk him out of the SOA as quickly as possible. Johnathan is right on the money, for a typical 'overland' build, the SUA suspension fits the bill. $1500 and a set of new rubber and your done... seriously, your done. Spend that extra budget on other important aspects of your build, some of which could be debatedly more important than even a lift alone, such as a winch or on-board air? Different strokes for different folks.
Hope I'm not rambling
