I've ripped the spider gears and carrier out of them (especially when guys try to I weld them), and I've seen the tubes spin in the housing, just like the 8.8s are prone to doing.
The factory spider/side gears are made from some cheap kind of "powdered metal" type steel, which is definitely junk. They are the only rear end that I have encountered these types of gears on - you can lay tons of weld at high heat on the gears, but as soon as you put a load on the axle, the weld separates from the gears. The gears are just too brittle to hold the weld, even pre-heated.
Ring & Pinion wise, even though they get bad-mouthed a lot, I find that the Ring & Pinion gearset is actually pretty stout for a 7.5" axle. However, for god-knows-what reason, ford tells you to run seriously excessive backlash when setting up the gearset, which is never a good idea.
Recommended backlash from ford on a new gearset is 11-16 thousandths, which is just stupid. When I do them, I set them up much tighter - with around 4-6 thousandths of B/L. I also try to get as much preload as possible on the carrier bearings (the "super" style carrier shims are the only way to go when setting up one of these axles). When set up as such and combined with a stronger carrier (like a detroit), they are actually pretty stout little rear ends for up to a 31" X 10.50" tire (assuming you are still running a 2.3L, 2.8L, 2.9L, or 3.0L).
As HahnsB2 said, you really don't want to run gearsets lower than 4.10s, as they will definitely compromise the strength of the assembly. And no matter what gears you are running, a 7.5 isn't going to like abuse from stuff like big tires and 300 HP V8 swaps. But as much as you hear, "you should just ditch it and run an 8.8", when properly set up, the 7.5 will be as strong or stronger than a D35, and MUCH stronger than a D28 front axle - which makes the need for anything larger questionable unless you have swapped in a fullsize D44 TTB setup or solid axle.
-Hans