then for you it'll be the first big-scale project.
I do believe you can do it, but you've got to be safe.
spring compressors won't really work unless you score the Ford ones. You can successfully and safely do it with nothing other than jacks. Go to the corral.net and search "mfe method". That's easier than me typing it all out.
while it's apart, now is a DAMNED good time to replace your a arm bushings with poly units, and put new ball joints in.
set aside a weekend, maybe two for the entire project, and bring a friend.
I used chain and wrapped it around and locked it to the frame and my spring just in case so it wouldn't fly out.