There are no spots to mount the ABS sensors on a stock 8.25. HOWEVER, there is this thread:
http://www.naxja.org/forum/showthread.php?t=73521 (ignore the people arguing)
Driveshaft will be about an inch shorter iirc. The general consensus is that lifting 3-5" makes up for the driveshaft length quite nicely.
EDIT: oh yeah, you're gonna need new U-bolts, but you should not reuse U-bolts anyways.
EDIT2: To determine if you have ABS on your XJ, check the rubber brake lines. If ABS is installed, you'll see one round black cable about 3/16" or 4-5mm in diameter next to each front brake hose and two next to the rear brake hose.