I too thought about a SM420 but I don't think I want to loose 5th gear. If I was going to swap engines I'd to AX-15 or a NV3550, I think. The NV4500 is way overkill and is too damn heavy. I think I'm fine with my AX-5 though, it hasn't let me down. I rev it up to 5000rpm then shift a lot too. Honestly, for most trails 60-80:1 is probably a more respectiable range. Although 100+: make thigns a lot easier. Especially with a 2.5L. I know Jason Bunch did pretty good with a 2.72:1 Klune and a 4.3:1 Atlas. I think that's a really good setup. I don't really plan on doing anything too hardcore so that's one of the reason why I'm thinking about sticking with something below 180:1 range.
I think price is a big factor. I don't drive my Jeep offroad as much as I used to and at that point, I was only taking it offroad every few weeks on light to moderate trails. Nothing over a 2.5. For some reason, I'm getting a bit tired of my Jeep since it's used as a Daily Driver. :shock: I've built it to the point where it it's fun for the short trip or even an occasional long trip (had several 300-700 mile road trips). It gets tiring when you have to be somewhere on time and want to be comfortable. I need something else, LOL!
I've got a lot of ideas on what I want, but can't afford that much down time right now. Although, I do have a garage.