Took the plunge about 2 weeks ago and bought 5x 285/70/17's BFG KM2's @ R2500/tyre (Thanks Tinus

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Best price I could get in the Cape was R3000!
Boy does these things grip - even on wet tar they really perform!

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Lowest point below the diff is now 245mm and from the ground to the rear fender exactly 1 meter.
Comment on noise - yes there are more noise but not necessary louder - rather a deeper tone. I only noticed it for 2 days - now I like it. My wife never commented on it so I accept she didn't even notice it
I had to space out the rear spare as it was touching the body but that was simple and cheap using 2x 20mm aluminium square tubing lengths and 4 new bolts 20mm longer.
On the 4.8 I have not yet noticed any difference in performance or fuel economy. (Actually got better economy on the first tank

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Will I do it again? - Yes