My trailer build also uses poly bushings and I've seen no deformation to date
if the complience of poly bushings on a car is OK, why should it not be OK on a lighter trailer ?
I did mine a little diferent in that I used a straight axle to align the two sides
then cut out the middle, but with most garage built things, mounts on one sideended up slotted to get the wheels alighn'd
The issue with mine was the mounting nuts I welded into the frame.
On the whole I'm very happy with mine, on the trail, extremely compliant and active.
On the road it toes up to 85 mph with no issues ...............but the trailer bump steers all the time and never sits quite still.
I think this comes from my use of gas shocks with the air bags, rather than an oil damper
even heavily loaded the trailer is easy to move on the suspension.
Here's the thread
http://expeditionportal.com/forum/showthread.php?t=12092
My frame was home built with a 2" box for cross bars and a 2X1" C section as well.
the outer sides are mounted onto the frame rails with nuts welded in
The mounts were quite large !