Main reason I want to swap is that I absolutely hate driving it with the auto. AW4's are plenty strong for sure, but I prefer a manual. I have 285/75/16's on my XJ with 3.55's and the auto, my gf's 97 TJ has 33X12.50's with 3.73 gears and a 4.0/5 spd. It's got WAY more jam it feels like. My drive to work is about 10 km, most of it uphill. I have to keep it in 3rd gear otherwise with the shifter in overdrive it will spin at 2500+ RPM until about 80 km/h when it slips into OD. Then it loses speed LOL
My XJ is getting regeared over the winter to 4.10. I expect the 5spd will help me at least feel like I got some power back. Mostly it's just personal preference.
For the most part this swap seems pretty straight forward to me, it's just messing with the wiring from the AW4 (NSS and shift interlock) The pedals I'm not sure of yet, but I've removed a couple pedal assemblies from Mustangs so I have an idea at least.