if i need to replace my shocks right now and i go ahead with longer shocks without putting the spacers on now will i be sorry i did? they would be compressed more and wouldnt have as much down travel correct? a potential for the shock bottoming out or no?

Longer shocks, means more down-travel, not less.  They will probably bottom out, but only on flexing it.  Daily driving, without heavy loads should be ok.  If you don't want to bottom them out (potential shock damage), you will need to either lengthen the bumpstops or raise the upper shock mounts.
I put Crown Vic shocks in mine, that's how I know.

ya i meant up travel. i plan on ordering 1.5" spacers next week.

Just curious, where are you getting your spacers?

Ok ok, hold on a second. I have a question related to this...I have 1.5" spacers on the back of my Sidekick and Crown Vic shocks. So my question is, when the suspension bottoms out with this setup, what does it bottom out on? The shock itself, causing damage, or the bumpstop, where it is supposed to?

If the spring doesn't colapse or bind coil on coil, it would more than likely be the shock.  Regardless of how much of a spacer you have in there the bump stop hasn't changed.  That's what stops the axle from moving up more.  Therefore it requires extended bumpstops or altered shock mounts to not bottom the shocks out.  Not too big of a deal, unless your jumping it or carring a heavy load.  I've driven mine for ~6 months without wrecking the Crown Vic shocks, with no spacers, or bumpstop extensions.  However, that doesn't mean its a good idea.  The Crown Vic shocks, are cheap, and I'm busy, thats why I have fixed mine yet.

I guess with the coil spacers, the force required to fully compress the springs is greater, therefore decreasing the possibility of shock bottoming.