The only reason I wouldn't go with risers, and stick to extensions, would be that risers would create a trip hazard. Having 4 steel beams hovering 12" off the floor seems like a bad idea. At the very least, you'll bash the shit out of your shins once or twice a year.
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I don't think you are following me. The risers really take up no more space than the bases of the columns themselves, and present no more of a tripping hazard. Yes, they would be slightly larger, but not enough to really create any problems. Right now, the real tripping hazard is with the hydraulic hoses being on the floor, but that will be remedied once I run them permanently overhead.
Am I the only one who thinks that thing shouldn't be bolted to a slab?
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If I am not mistaken, all 2-post lifts are bolted down to concrete slabs. Some use preset rods that are poured in place, others use anchors like I have.