Ok guys here's what I ended up with. I pressed the new bushings in the sleeves, measured the pins(1.1236), and had the shop hone them just over that size. He didn't have a fixture to line hone them in the knuckle assembly but it looks like the sleeves center themselves in the knuckle. I mounted the knuckle assembly on the pins and then used a dial indicator to check for movement. It looks like a good fit. Let me know any other thoughts you might have.
I also talked with the guy that put new bushings in my front springs and he said the same thing that Andy stated that alignment is important on these assemblies.
M2A1 Half Track(undergoing restoration & Looking for parts)