Is this for the Firebird?
You have an advantage in fabricating the whole thing. I had to work around stock A-arms, and in order to get the extra drop, I had to have the spindles and hubs turned, remove the front brakes, and roll the inside lip of the fenders.
I'd go as tall as practical. Less heat build-up with the weight and forces spread out over a larger area. Determine you clearance under the fenderwells at the height you want to run, allow for adequate steering clearance, and put the tire there.