This correct except the rear should be up 2 up. And this only applies to running leaf springs. When you accelerate, running leaf springs the axle twist and the pinion comes up. If the trans was at 3 down and second shaft would be 3 down as well. Then the pinion would be set to 2 up. When you accelerate the pinion will come up 1-1.5 degrees to match the 3 at at the trans.
Running 3 or 4 link the pinion does not lift under acceleration, there is no axle twist. Therefore the pinion needs to be set to the same angle as the trans and first shaft. The driveshaft center support bearing will have some movement at all times, therefore the the needle bearings at the joint between the trans and the first shaft will always move even though they are at the same degree, and not give failure due to no movement.
Air ride complicated things buy having it's customers jacking angles at all joints to ultimately reach 0 degrees. cancelling out each angle to reach 0 works... but it adds confusion. I had the article too and and did work for me when I had the truck set up with a static drop. But when I did my 3 link I contacted Spicer, they sent me a link to this which explains the proper way stated already on this thread.