Thanks for posting that, Jeff. Since it's a pictorial using a '57 Ford, if you don't mind I'm going to post it over on the '57 fordsforever forum.
We discussed this a while back but this article didn't come up at the time,my opinion is based on the cost and the fact that you have to add a pump and hose lines and the additional space the Borgeson box takes up in a 52-56 application the electric power steering is win-win from both a cost standpoint and the space savings under the hood.
Read this article it should give you some ideas and then it's up to you to get creative. http://www.fordfalcon2000.com/restoration/tiltcolumn.htm