In my case, as I mentioned, I feel 4.88's are not low enough for 33's (although now with the new cam, it did improve, and except for highway cruising at 65mph in 5th, I'd say it's OK). I also upgraded the axles to alloy (both the D30 and D35; on hindsight, I should probably have replaced the rear with a D44, though) to make sure they could handle both the larger tires and the lockers (I have ARB front and rear).
The point is that even with 4.88 gears and 33's, I barely use 5th on the highway (you can use it without downshifting, but the pedal will need to go all the way to the floor with anything that resembles a slight hill). I second the thought of buying it if it has a good price, selling the 35's and buying 33's.