Stub,
I've not heard of neoprene bushings for this application. I've heard of polyethelene and something called "Prothane", as well as Teflon or even Delrin. If you have neoprene, you have something on me. Most of the alternative material bushings come with some form of silicone or Teflon grease for assembly.
When assembling, no matter which type bushing you use, the castelated nuts tighten right down to the shoulder on the pivot pin. (with the big flat washer included of course) There is no specific torque, just tight plus the next castelation. If you don't do so, it'll loosen up and get sloppy...or worse.
One hint: Assemble everything, but leave the castelated pivot nuts loose. Then put the car on the ground. Now bounce it down and up a few times to normalize everything. Tighten the nuts and install the split pins (cotter pins) and you're ready to rock.
Motorbill
From Lola to Land Rover, If it's British and has wheels, it's likely I've bloodied me knuckles thereupon