I have to concur with all of these knowledgeable people--the pushrod 4.0 is a great engine.
The 4.0 is an old pedigree, starting out in Europe as maybe a 1.something. It evolved through the decades into its ultimate form in the pushrod 4.0. Not too many flaws left in it after that many years of refinement. I like that it is large enough to do big truck jobs with a Ranger, but is compact and easy to work on. It's definitely one of the best bits of a Ranger.
The cammer 4.0 is the final refinement of the Cologne V6, but it's not the best. 20 miles of timing chain and a history of wiping out chain guides, plus being a bastoid to work on with those massive aluminum heads and, well the list goes on. The cammer is a powerful engine, at least compared to the pushrod motor, but it's bigger than a V8 and might as well be a V8. The pushrod 4.0 is powerful, probably the most cubic inches possible in such a small lump of cast iron, and was only ever put in trucks so it is built to do truck jobs. If I wanted to go fast, I would build a cammer 4.0. If I wanted to do truck things, I'll stick to the granite pushrod motor.