My stock Dodge Ram 3/4 ton 4x4 uses a 4" or 6" drop depending on three trailers I tow.
I see guys towing with big lift and tires, and big ole drop hitches. I personally would not do that with more than a light utility trailer. Too high of CG on the truck, too long of hitch dropping down. I have had to make a panic stop with 7000lbs of trailer behind my stock height truck. No way would i want to do that with a lifted big tire truck. Not to mention, with 7" of lift I would probably have 38" tires, which would be pushing the stock brakes on any truck even without a trailer.
I like the look of a lifted truck. But after years of hauling stuff in the bed, on lumber racks, and using trailer, no thanks...