John Steele used to completely remove the bumper-stops on speedsters, and use them for door-stops for the doors (he glued them in the door jam toward the front of the car).
It's hard to see from the picture, but I think you'd have about three inches of travel if you did that. I have no idea if that's enough, but it's the only thing you can (easily) do in the rear to get more travel, short of raising the rear end back up, and it already looks pretty high to me (relatively speaking).
First, I'd take out the bumper stops as Bruce suggested. It can't hurt anything. If it still bottoms out, you can try putting in some adjustable shocks (Koni's) and dialing up some compression dampening, or installing the overload shock somebody suggested (although I'd recommend against it). Anything you do with shocks may be a bit of a band-aid, but stuff starts to go up from there.
The really slammed cars you see pictures of have some pretty fancy stuff done suspension-wise. Jim Dubois' pictures (just posted) show an air-bag suspension he's installing during the build process. KCW in Colorado is famous for slammed buses and Type 1's and 3's to a lesser extent. They will do stuff like raise the torsion tube in relation to the mounts on the pan to drop the car down, while maintaining some suspension travel. I've even seen them install Type 2 gear reduction boxes upside down to drop the back end of a bus in the weeds.