Fellas, cranking the bars is the same as putting in new keys. No difference AT ALL, excepting the amount of work involved. The ride benefit of a quality "leveling kit" is that it will include either longer shocks or taller lower shock mounts that allow a normal amount of droop travel to be retained. The old "Cranking the bars makes the ride stiff" was due to people cranking the bars and then having no droop travel left, such that the truck follows the tire down instead of just the tire/wheel dropping to follow the road.
You can buy the shock brackets separately these days and they're cheap. The stock keys are usually good for at least +1" of ride height, and usually closer to 1.5" or 2". I'd recommend brackets if you go past 1". I'm at 1" right now on my truck and it's OK, but I've gone from about 3.5" of droop to about 2.5". Any less and I'd probably not like it, and I'll probably toss a 3/8" spacer under the bracket soon to get 3/4" or so of droop back.
To look at it a different way, whether you crank the the bar or put in new keys, all you are doing is changing the angle that the static end of the bar is at, and whatever amount you change that angle by translates directly to the same angle change at the lower control arm, which makes the truck sit a little higher for the SAME EXACT amount of preload (twist) on the bar. You are not "adding twist" to the bar, or raising the spring rate, or anything like that. Keys are certainly necessary for larger amounts of lift or "levelling", but not necessary for subtle adjustments.
Lots written on this topic in the suspension section at dieselplace.
And to the OP, assuming stock wheels, you'll find that the driver's side tire will rub at the back of the wheel well on the plastic liner. Looking underneath, you'll see that it's pushed forward some by the parking brake cable routing. Get a HEAVY zip tie and tie the cable back some (this is the part that runs in a sheath, so no worries...) and it'll probably get rid of most of the rubbing at the back of the wheel opening. A hack saw/sawzall/whatever for a little bit of trimming of the fascia and you're good to go. If you put on wider wheels or wheels with less backspacing than stock the rubbing gets more severe.
Good luck!
PS, no matter how you do it, lifting the truck from OEM intended ride height WILL be the start of "problems".