That will definitely work. Just make sure it gets the amount of travel you need. For probably a little more money you could have that machined and use a bigger heim with high misalignment spacers to give you a lot of travel.
Or, you could just bore the tie rod hole in the spindle straight and use a grade 8 bolt and cut down on the overall cost completely and probably get everything for around $60-70. You can get everything at Ballistic Fab.
I tried something similar to that on a friends truck, and it did not get enough travel to lay out and lift. You will only get about 30 degrees of articulation out of a heim squeezed between two flat planes. Your suspension will travel much more than that on a bagged truck. Just something to think about.