Sorry Al but your wrong abut hopping with bags
Bling, you CAN hop with bags, I have a personal friend who hops his nissan truck with air bags, he uses an air compressor and tank now but soon he will be upgraging to a nitrogen tank, you can get those filled at welding shops and such. You can only run about 150psi in a compressed air tank, but with nitrogen you can run very high pressures, my buddy will be running 1300psi or so in his. This higher pressures allows you to bouch higher, becasue you can use a higher air pressure in the bags without worrying about running out of air. The pressure you need in the bags to bounce it depends on the weight of your car, and how high you wan to go, with a big Caddy like yours your probably gonna be looking at 90psi or so in the bags and you'll probably only get 5 ot 6 inches off the ground, if this is what you want, bags are the way to go, if you want to hop high like the pros you need hydos. But hydos make your car ride VERY stiff, almost like you have no suspension at all, becasue the hydros don't give you suspension like bags do, they only give you hight adjustment, when you runs hydros you keep the coil springs but cut them down to about 3 coils. 3 coils, isn't going to produce a very plesant daily driver, especially in a 2 ton caddy.
Hope this helps.
By the way, buy a "Truckin Magizine" it will tell you everything you need to know about airbags. Plus it has huge ads with all the companies that you are gonna wanna look into for your bags. Air-ride Technologies makes the best systems out there for cruzin, but don't use them if you wanna hop, they wont stand up to the torture, you're gonna want to use a fast-bags kit from a company like www.airbagit.com
I tryed to include a video for you, so you could see a car on air bags hopping, but even after I compressed the file, it was still above the board's 400000byte limit. I'm sure if you do a www.google.com search you could find a video to download without much trouble.
Good luck with it all.