Springs are going bad and putting in +2" versions don't cost much more, so here's the pro/con list I have thus far:

PROS
Aesthetics
Better articulation
More ground clearance

CONS
Less efficient driveline geometry
Higher center of gravity (roll over safety)
Power loss (w/bigger tires)
MPG loss (w/bigger tires)
Greater wear/tear on steering components
Greater wear/tear on axles

Am I missing something in the equation here?

 

Sounds like your decision is made...
If I wasn't so tired I would argue the validity of half your "con" list

 

I can say that with 32s, power loss isn't that bad. Also, the only extra wear and tear on the steering components would be from the larger tires, not the lift, and it would be completely negligible. Also the increased wear and tear on the axles would land see here between negligible and truly nonexistent.

 

Just....do it

 

You know. Someone told me the other day that Gary Gilmore said this as his last words. Then Nike used it.

Found that fascinating.

Extra Pro. Makes clambering underneath easier when checking something out or fixing something.

 

Nope...was thinking about it so started to make a list. Sorry if the list looks 1-sided, but it's just what came to mind.

Was under the impression the rotoflex took a beating with a lift...maybe that's all (without bigger tires).

I may indeed "Nike" it...seems dumb not to for roughly the same price as stock (already have extended steel braided brake lines).

 

At 2" the rotoflex is fine. I even know guys running them at 3". Actually, hell, I think Charlie has been running one (but is about to switch it for a u-joint) for some time at 4.5". Wear will be increased some, but it's a pretty cheap part and easy to replace.

 

I used to have a 01 D2. OME HD's on the front and OME progressive springs on the back (OME Shocks on all 4 corners). It rode pretty good (had a ARB with winch on the front). If you really load it up heavy then the progressives will sag a little. If it's mainly a DD and some occasional light off-roading they're good. I ran 245 75's and the mileage difference was negligible, same on power.

I did this because I blew and air bag about 50 miles north of I-80 in Nevada. Fortunately it only blew the top off and using a few hose clamps to make a temporary ring to hold it on worked. That was the end of the air bags.

 

The greatest advantage is being able to go with larger tires. Larger tires allow you to increase the air-down capability for off-roading.

 

Just do it. but remember that your tired old springs right now have probably dropped down substantially so your 2" spring lift will probably give you more like 3" or higher. Either way ,I would do it. I did not notice any of your cons on my 3" spring lift. Only downside was from larger tires and it wasn't much. but again, if this is really something you are humming and haahing over then maybe a lift kit is not for you in the first place.