Pinion Angle ??
If your transmission output shaft is not paralell with the pinion and the ground, then a -2* pinoin angle (in reference toward the ground) could in reality be perhaps -5* or more.
Home depot has some great leveling tools you can use to get the angle offset between your pinion and your transmission output shaft. If you want to use the floor as your reference point, you could do a little math to come up with the correct angle.
Here is an extreme example just for refence purposes only..
Say you have a chassis with no engine/trans, but a full tank of gas. The front will sit higher than the back. There will be a downard angle from front to back, trans output shaft to rear end pinoin. Lets say, to keep it simple that angle is 5 degrees.
Now, if you were to setup your pinion angle now, in reference to the ground at a -2* angle, you add the angle from your trans output shaft to your pinion, and you would be left with a -7* angle at the pinion.
This is because pinion angle is a measurement of difference in paralells between the pinion output line and the driveshaft line. Since the driveshaft is connecting to the trans output shaft, you really should use that as your reference, unless like GIZMO said, they are at the same height in reference to the ground.
Now, this example is an extreme case, but its just to show that you should use the trans output shaft as your reference point.
Note the caption on one of their images:
"Note that the pinion is 1 degree down but the pinion angle is 4 degrees down. It is the difference between the pinion and the driveshaft that matters."
The Best V8 Stories One Small Block at Time
Its really easy to measure pinion angle, especially if you have the driveshaft installed.
Throw your angle meter on the driveshaft and measure it, then throw it on your pinion, now subtract the difference and now you have your true pinion angle. And you're done.

This is, until you start transfering weight. At that point your pinion angle does change as your transmission output will remain fixed in relation to the body but your pinion will move up and down as your rear suspension loads and unloads.





