Hey there vzuterus,
I'm not sure that FE2 would lower it any/much more than standard height. I recently bought a new SS ute and it sat rediculously high with FE2. If you're gonna lower it I'd go for King Springs or Lovells.
Doing the front requires you to pull the struts out... Pretty straight forward but the most time consuming. It's just 2 bolts that hold the HUB to the bottom of the strut, (One or both of them from memory requires you to pull out the bolt/s holding the brake caliper on), 1 Bolt for the stabilizer rod, and the nut on the top of the strut in the engine bay. Don't forget to take the brake lines out of their holder on the strut.
Pulling the springs out requires the use of a spring compressor other wise you'll end up hurting yourself or you'll shoot the ball bearings in the top of the strut all over the joint when you undo the bolt holding the spring in on the top of the strut.
When you put the struts back in and bolt the HUB back to the strut there will be a little bit of "play" There is a an adjustment bolt on the HUB that has to pushed back in hard to the strut (Don't screw it in, physically push the whole hub in so that the bolt is up hard against the strut)
The rears are the easiest.
Just undo the rear shocks at the bottom and the stabillizer as well and the springs "should" just fall out. If they don't which happended to me you'll have compress the springs to get them out.
It's pretty rough but it'll steer in you in the right direction.
Hope I haven't missed anything
Good Luck!
PS Don't forget to get a wheel alignment after you've done it all.