Yep! its all about a balanced vehicle setup, IMO.
I find the 4.56s and 35s, in the jeep with around 200 hp and 200 ft lbs. are about right for street/highway/(loaded)interstate speeds in overdrive (still have to downshift for very steep hills); while still allowing me to do moderate to difficult trails (the extra low transfer case gears are rarely used in first or second gear, I typically wheel in 3rd or 4th gear in low range).
For the explorer, with the anemic sohc 4.0 v-6 and slushhbox automatic (I am learning to detest automatics); the projected 4.10 gears (couldn't get 4.27 or 4.30 gears for both axles)with 32 inch tires ought to give near stock(barely acceptable) on road performance; the IFS really limits the potential for this vehicle's off road performance because of its limited travel and its anemic 33" tire, max rating...so without major rework its never going to be more than a light duty off road camping vehicle.
Enjoy!