I've been doing this same comparison over the last few weeks. I have two '91's. Both NA, SC, 4X4, 5spd. I live at 6000'.
Wife's truck has what I estimate to be the stronger engine. However, she has 285/75/16 tires and 3.55 gears. Plenty peppy off the line, but no tire smoker (yet). At 2800 RPM she's doing, well, let's just say she likes to bounce the speedometer needle off the travel stop. The problem is, when going through the mountains, if she gets out of the powerband, she's done. Time to downshift. On the flatland, EGT stays at 6-800 degrees. Through the mountains, it's knocking on 1150's door the whole time.
On the other hand. My daughter's truck has 4.10's and stock size tires. Spin the tires almost at will. Have to go thru the gears faster (of course). At 75mph she's turning 25-2600 RPM. Hills are no problem. Going through the mountains is a piece of cake...the only problem sometimes is keeping up with traffic (i.e. top speed).
Tom