Just remember that the WJ has the Dana 44A rearend. "A" signifying Aluminum. There are no traction devices for this pumpkin. You can still put a traction device in the Dana 30 up-front but nothing for the rear. The main reason I didn't buy one was because I would have had to swap axles.I have a 2000 wj but don't even know where to start. I don't k is anything about the quadratrac setup for one. About all I've done is tires and roof rack setup for my kayaks. I have a 2009 jku Rubicon that I've built. It's the second Rubicon I've built , one rock crawler and the jk is more of a overland/expedition rig. The WJ has the small V8 in it and what little wheeling I've done with it confirms it's a great platform. Where did you start with yours? How much can you lift them without causing issues with the steering etc? I need shocks but want to lift it first so I don't end up buying 2 sets. I just want it for taking the grandkids on trips with us. So a 'mild' but capable off roader is what I'm aiming for... I haven't spent much time around the Cherokees so I don't really know what they are capable of. I've seen some wild ones in my research tho...
You have the V8, just take care of it and service it regularly and it should be fine. That engine is good but doesn't compare to the I6.
As for lift, you will need a minimum of 4" and possibly some flares to jam 33s under there. And if you are doing that, then spend the dollars and go for IRO or Claytons and you should be fine. I would suggest staying away from RC, their springs sag and the quality just isn't there.
Hope this helps.