I, personally, have not seen an air suspension that I like. I would avoid it if I could. If you get a properly damped and sprung conventional suspension, you can get a comfortable ride over the road and still get suspension travel offroad. My main gripe with air suspension is that, when it raises into offroad mode, it increases the spring rate. That's the exact opposite of what you want. As for raising and lowering the ride, I've lifted each of my trucks after buying them and haven't noticed and negative effects over the road. The CG is higher, but I can't tell from the driver's seat. Like others have said, the air suspension will have more components to fail and, if you pop an air bag, you'll be without a spring on that corner.
But, you can take my opinion with a grain of salt as far as WK2s go. My Jeep is a Wagoneer on leaf springs so I don't know many of the specifics about the KW2 platform.