Those are all correct. With the current configuration, the LR4 works well on the trail and rarely requires "Off-Road" mode except in extreme scenarios. In "Off-Road" mode, you cannot exceed about 30mph and there is a significant reduction in ride quality and articulation. Big rocks, ledges and deep ruts are the only conditions I will use "Off-Road" mode now. As the vehicle is currently configured, "Normal" mode is already higher than "Off-Road" mode for the stock vehicle, with clearance, ride quality and traction all improving from the 33" tire. I will try to take a picture of the vehicle in "Off-Road" mode for comparison.
Edit: We have also realigned the vehicle for these new conditions. The vehicle alignment is now set to +60mm higher than stock, correcting camber, toe, etc. With the IIDTool, I can now easily lower the vehicle (lower all adjustment) for better highway stability and reduced CV angle. I plan to do this, running longer road trips at only 30mm above stock.