Sounds like you're almost there Henry. Don't think of the preload as anything more than a ride height adjuster. It's the same principle as adding air to pickup air shocks. When you add load, add preload (more air in the pickup analogy) to lift the a$$ end so the bike/truck rides level. Use the preload to level the bike.
If the bike is always at the same ride level, you always have the same amount of stroke. If the bike is squatting, your compression stroke is compromised. Too much pre-load and you'll top out as you'll have too much compression stroke and too little rebound. You always want to have the same stroke length to give you the same bump absorbing capability.
If you're bottoming out ALL THE TIME, add one more click of compression damping. I've never gone above 9, but two-up loaded takes 8 or 9. But remember, if you hit a big square bump, YOU SHOULD BOTTOM OUT. You don't want the compression set so hard that you never bottom out, you'll wind up compromising ride quality by making it too stiff for the other 99.9999% of your riding. You should handle most riding situations, but they've got a nice soft bump-stop so when you do bottom out, it ain't that bad, not nearly as hard as the Progressives which hit hard.
Good luck buddy. Call if you want to chat.
Oh, just for you going out and riding today....
