Steve-
You're 100% right, I remember as a kid Grandpa taking me out in the winter in his GMC High Sierra 2wd places I wouldn't take a tractor today, he never had anything but 2wd. I think he said it best, 4wd just gets you stuck further. With my '90 F250, 4wd was engaged maybe 3 or 4 times a year, and at least two of those was usually a time when I shouldn't have been out anyway. The nice thing about 4wd I like, and use most, is the low range. If I have to jokey my trailer around much that's what I like to use.
I was looking for a 2wd pickup, but the fella that sells pickups that I trust (and where I bought) had this F150, a C1500 with the 4.3, and a S10 w/ the 4.3. All were nice, but this one was well maintained with all records, plus I was looking for an F150 anyways. And who's going to pull a trailer loaded with ANYTHING in my area . . . to get out of town there's only a few options, two county roads and a state highway that leave town going up a steep hill, or the river!