So I had a really hard time finding info, on modifying the hydraulics but what I did find is you can get a hydraulic fitting for a t56 for the slave to convert to a 3 or 4an line. The master is a fitting for a later model mustang easily found too then just order a line to length needed. You can switch over to aluminum master and slave which might help too. The plastic bracket that holds the master and pedal does wear out, not sure how much of a difference it makes but south Bend does sell a reinforced piece of metal to fix it or you might just get a new on since it probably takes a while for it to actually cause a problem mine has 160000. The older powerstrokes had a aluminum pedal assembly that held the master.
The master is already close to max travel so making a adjustable tie rod is not worth it in my opinion, plus the clutch switch is in the way also. I would just make sure you have a good bushing in the master rod, or upgrade to a steel tie rod 3/8 size female.
A new fork measures right at 2.5 from fork to bell on a 08 with a southbend clutch dd. Granted this might change with different clutches.
I tried decreasing the size of the slave by adding 2 pennies at the bottom of the slave with a hole drilled in them to give it a longer throw, and I extended the pushrod a 1/8 of a inch. This brought the pedal up to engaging about 3 inches off the floor.