For what it's worth...
I am on the tail end of doing a rebuild on 3rd member - new pinion and ring gear (went with a 3.93), new pinion bearings and new carrier bearings. I tried to use the crush sleeve eliminator, but i couldn't get enough torque on it to get the preload into range, so I went back to the crush sleeve that came with the bearing kit. From what I've read, folks have had good success with the eliminator but I'm not one of them. I may have done something wrong with it, but even with my impact gun maxed out, it didn't work. Good luck with whatever you decide.
A word to the wise: ring gear bolts are left hand thread. They can be sheared off pretty easily if turned the wrong way with an impact gun. Ask me how I know.