Okay, first we need to understand what we're talking about here, cuz it sounds like there is some confusion on the basic stuff. There are three main components that a suspension has:
1. Some type of system for locating the axle under the vehicle.
2. Some type of spring to provide the force that holds the chassis up off the axle.
3. Some type of shock to control the movement of the spring.
In many suspensions one component does more than one of those jobs. In a traditional leaf spring suspension, the leaf springs provide both 1 and 2. Air shocks and coilovers provide both 2 and 3. 1/4 eliptic springs and traditional coil springs provide ONLY NUMBER 1. With coil and 1/4 eliptic springs you need to use some system to locate the axle, typically a 4-link, 3-link, or 1-link. There are dozens of possible variations on these systems, but you need to use one with 1/4 eliptic springs. You will also need some shocks in there somewhere.
Now... Why do you want to use 1/4 eliptic springs? The 1/4 eliptic suspension is probably the heaviest possible setup, because you are using leaf springs (which are heavy), and you still need a locating system, and you still need seperate shocks. With the price of air shocks as low as they are, you might be close to the same cost to use air shocks (since you don't need to buy extra shocks). Is this for a rear suspension, by the way?