So you know, I was addressing 300cruiser's problem (which seems hydraulic) and not your's (which looks mechanical). Your problem looks to me to be the worn braking plates catching the shoes and not letting them retract. It sounds like you are on the right track to fix that by building those areas back up and grinding them flat.
But, since you mention it, yes, the push rod is adjustable. Download a factory service manual here:
MyMopar - Mopar Forums & Information - MyMopar Tools/Reference
Go to page 5-23 and you'll see the measurement.
I also found a video about the subject that may help
@300cruiser He also mentions the residual valve possibly (rarely) giving similar issues.
and the rest of his video on diagnosing hydraulics if anyone is interested.