You could do it in the 60 series as well, but I was always terrified a bucket would go flying off. Makes a hellacious vibration too. If I remember correctly, the minimum speed with #2/#3 reversed was somewhere around 180 knots.
The DC-8, since it did not have 'flight spoilers' (spoilers only deploy as grd. spoilers), inflight reverse of the inboards was approved in place of flight spoilers. It was rarely needed (especially in the 60s), if you planned your decent well; however, the 70s had a much higher idle thrust, so if you had to get down, either slow and put some flaps out, or pop the inboards. An emergency decent, the inboards were put in reverse to reverse power stop (about MCT in reverse), the only way the a/c could be certified for emergency decent. In a 62, with inboards in reverse, and a 30 degree bank, I pegged the IVSI and was probably heading down at about 7,000-8,000 fpm. Pretty cool, would definitely come down, but as mentioned, would Shake and rattle the a/c. But, then again, Its a Douglas, a 'flying tank'
PD