Nope, Dragon has never offered a Sheridan. You may be thinking of the old resin version by Jaguar. It was a offered in a ODS version. Academy is supposed to release an ODS version of their new one. It is not super, but is light years ahead of the old Tamiya one and can be built into a nice Sheridan.
Here is a review of their new Vietnam version from PMMS.
http://www.perthmilitarymodelling.com/reviews/vehicles/academy/acd13011.htm
If you are using the Academy/MiniCraft version, I believe it is a copy of the old Tamiya one, not the New Academy kit. It needs lots of help to make it nice. Can be done though. Here is what I did with the Tamiya one.
More here: http://photobucket.com/albums/v231/HeavyArty/M551%20Sheridan/
AEF Designs offers an ODS upgrade set. You are gambling with AEF though. I haven't used the ODS M551 set, but their other products are mediocre at best.
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