Sure looks like it's time to replace. I had the samething happen on an old 377. Couldn't figure why the suspension was sitting so low. The suspension was so full of snow I couldn't see the broken shock.
2009 Tundra 300 F
300 cc of Raw Power
Thanks for the info on the track everything seems to be OK. If you look at the pictures you can see one end of the shock is worn flat so it must have been rubbing on metal. It may have been on the other side of the front arm and wasn't able to do any damage from that position. Luckily the replacement shock comes with a new ACM nut only 1/2 of the old one was still attached to the shock. I also had to have the arm rewelded on the lower left side and will most likely will replace the spring.