I've done this to several mustangs... It's pretty easy.
Raise the lower end as high as you can get it, and support the body with jack stands. Then lower the rear axle. Place a jack under the lower control arm right under the spring. I place a rag between the jack and the control arm so I don't scratch the lower control arm. It helps if you take the sway bar out (if you have one). Give it one pump to take the pressure off the bolt. Unbolt the bolt that connects your control arm to your axle. If it gets stuck like yours is, then I will hit the end of the bolt with a hammer to "pop" it out, or just unscrew it. After the bolt is out, slowly lower the jack and the spring will just fall out.
I know you probably know how to do this, but I just wanted to let you know exactly how I do it. Since your going to be replacing the bolts, it's ok if you beat up the onld ones.
Oh, BTW: the axle might give you problems when you reinstall it. I had to kick, and push, and pry the axle into it's place so the bolt will slide though. This is just because the axle shifted while you removed the control arm. It's ok....
Hope this helps you out...
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