Holy cow. I step away from the computer for a day or two and miss all the fun! Engineers are great fun.
Having driven an 80 on stock gears and 35's for more than a decade and that whole time living at a relatively high elevation in Utah and spending plenty of time driving I-70 and long canyon roads....and.....wheeling the truck on a good number of difficult trails, I can say that 35's on stock gears works just fine. Is it the ideal? Of course not. If that is what we're arguing, none of us would have an 80 in the first place, they're not the ideal even though they're great at a lot of things.
The remedy for canyon roads on stock gearing is manual shifting and 4000 rpms. The motor doesn't mind it at all. 37's and stock gearing does get pretty brutal on long canyon climbs but is still workable. You're level of acceptance of how it drives may vary. I've driven other people's 80s with corrected gearing but with terrible steering and caster. What one person finds "acceptable" another person will find to be completely "unacceptable". Pick your poison.
My current 80 has been regeared to 4.88's and I drove it with 35's for several years and have a good feel for the comparison between stock gears and 4.88's with 35's. The increased torque to get the tires moving is definitely helpful with the lower gears, but it can be argued that it's equally "wrong" when discussing power band, shift poinst and proper rpms and speedometer correction etc. Stock gears has the pendulum in one direction and 4.88's and 35's swings it too far the other direction. Many find it a completely "acceptable" setup but rpms are too high, shift points are still not correct, the power band has shifted outside of the original design, the speedometer is still off etc. My point is, this debate is pointless. Note to engineers: Yes I acknowledge that it is indeed a fact that bigger tires without gearing correction will diminish the performance of the vehicle. So what? If you're ok with how it drives, carry on. If you're not ok with how it drives, fix what bothers you, then carry on.
I will finish my thought by saying that for the past few years I've been driving my truck with 4.88's and 37's, which happens to be nearly identical to stock gearing and stock tire feel. Having driven an 80 daily for more than 20 years now in a wide range of configurations, I can tell that there are aspects that just feel "right" about having the gearing matched to the tire. Shifts just feel like they happen when they're supposed to (which they, in fact, do) and the speedometer is nearly identical to the GPS verified speedo reading I get. The 80 is still slow on long canyon climbs, but it would be if it was fresh off the Toyota showroom floor too. Again, manual shifting and 4000 rpms solves the problem.
For you guys with big tires and stock gearing; if you can afford to correct the gearing for your tire size I recommend doing it. If there are bigger priorities to fix about your truck and regearing is way down the list, so be it. Your 80 will still take you where you want to go and will still be able to crawl in the hard trails (been there done that). Just enjoy your truck and have a bit of a laugh at the expense of engineers and others will a level of OCD that cannot understand why you won't fix the gears.

Or, just ignore everything I just bothered to type. It doesn't matter. Just drive your truck and enjoy it how you want to enjoy it.