Could adapt up a watts linkage setup....we're thinkin bout doin that with our race car. Then no matter how far it goes up or down (to a certain extent), the wheels stay in the middle.
Going to all the trouble to do that is prolly a bit o****ill for a street car tho.
I've thought about doing the same thing, but have since have sorted out the major bump steer issue I had with the back end. Plus it would need a mod plate etc, which I can't be bothered with. I've seen a couple of live axle street driven Commodores converted to watts link. Good setup. The V8 Supercars all run a watts linkage.
but yeah back to the original post, the panhard rod system used on the Commodore is a very compromised system. The axle will move laterally over bumps in the road - causing 'bump steer' in the rear of the car. However an adjustable panhard rod improves the effect dramatically on a lowered car. My axle wasn't even far off centre after lowering, yet the back end used to jump/skip to the side when cornering over anything that wasn't a perfectly smooth surface. It induced unpredictable handling, really unsettled the car, sometimes it would throw the car into bad oversteer. I finally bit the bullet and fit an adjustable panhard rod (honestly didn't believe it would do much to rectify the problem as my axle was only off centre by a few mm). But the difference was amazing. I think what also helps is most of the adjustable panhard rods are constructed of a much heavier gauge material. The standard rod, when used in conjunction with more solid suspension bushes, I suspect flexes under load which gives a springback effect on the axle, which could account for the radical behaviour.