So the reason 0.5" taller lower ball joints are popular is that it makes the spindle taller. That taller spindle makes more modern style camber curve through the suspension stroke.
If you have ever lifted the front of a G body off the ground you notice how the top of the tire pulls in the bottom pushes out. The problem with that is if you want the car to corner well, when you turn the car leans slightly and transfers weight to the outside of the turn and causes the suspension to squat. When the suspension squats the top of the tire pushes out which is the worst case scenario and makes the contact patch smaller. It's like if you are riding a bike, instead of leaning left to turn left, the G body leans the tire right to turn left. Essentially the stock G body front suspension camber curve is set up backwards. It has 'good' (negative) camber at full droop and 'bad' (positive) camber full compression, and the car lives at full compression WAY more often that full droop.
The issue is that because the G body front suspension was design for comfort, GM put something called 'anti dive' into the front suspension which means if you hit the brakes hard the front of the car doesn't dive really hard. From my understanding the geometry as-is prevents antidive but it is a tradeoff to camber gain in turns or in bumps.
Taller lower (or upper) balljoints make the upper control arm go from tilting down (say 5 degrees) to sitting more vertical (0 degrees) at ride height so as you hit a bump they go 'up' (say -5 degrees) and the arm essentially gets shorter which pulls the top of the tire in.
Basically tall lower ball joints are a $25/side cost increase that greatly can improve the camber curve on the car.