Ok, without measuring anything, I can safely say that I'm going thru the same problem. Over the past 3 weeks or so, I've been losing stroke-length, to the point where now I barely have two inches of travel. The geometry is starting to feel freeridish (think 60 degree hta, lol). It looks like it's a defective seal in the shock, so basically-- air that you pump into the shock is leaking into the chamber on the opposite side, leaving it unable to extend to it's maximum length. In other words, it's "stuck down."
I have to wait for the replacement seal kit to get here to be sure that this is the problem, but if you're not used to disassembling rear shocks (I'm not), take it to your shop. All of that pressure is in the chamber, and there's no valve to slowly let it out, meaning when you take it apart, it's going to explode. If you're not ready for it, it can be a heart stopper.
Fortunately, the replacement seal kit is only like $15.