Just because the truck sits lower doesn't mean your getting better handling. Yes it will lower the center of gravity, but there are many factors that go into a performance suspension.
The c2c drop throws off the geometry of the front suspension. Look at how the it gets its drop, it lowers the control arm from the spindle with a spacer. Now you have an extra 1.75" of leverage against the spindle. That doesn't seem like a lot, but it greatly increases the chance of those bolts snapping. Now I have NEVER heard of this happening (and even ran the c2c for a while) but the chance of it happening is much greater, especially when racing and putting a lot of pressure/force on the front suspension.
Easy way to see it, it is easier to snap a long bolt then a short one. As far as performance goes, it creates more room for movement. The key to a real solid performance front suspension isn't reducing body roll, or lowering the center of gravity (though it helps) its keeping the tires straight up and down for max tread contact. the longer bolts create leverage that work against this, and makes it easier for them to pivot.
As far as the drop blocks go, you are creating more space between the axle and the leafs, that space gives the axle more room to shift and move. Now for launching, this means more wheel hop. Your giving the axle leverage to cause more axle wrap, which creates more wheel hop. When cornering it it has more leverage to shift side to side. Its not going to shift much but enough to cause a loss in tread contact.