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I am not to happy about how low they hang (picture makes them look worse) but they run under the spring shackles so they won't tuck up higher.
They have been that way for 6 years now.
I'm thinking of 45 degree them with just pipe (no tips). It's too much work to keep them nice looking and they are already starting to rust.
My truck is a '96 vortec 5.7L so it has stock dual pipes and cats to the muffler, I used a dual in/dual out Flowmaster 50 series muffler with a dual tail pipe kit from a local muffler shop.
In my opinion, tips any larger than 3" or 4", tend to give the exhaust note a "coffee can" sound to it. I hate that.
Of course, that's just my opinion.