i have thought about chopping mine, but i think the proportions are good as is. if i was to chop it, i would only do 1-1.5" max. but the amount of work wouldn't be worth just an inch. lowering the truck takes care of most of it.
there is a guy on rps that has a chopped reg cab. it looks good, but kinda out of proportion.
Bought my friends bagged and chopped '94 Ranger..