I personally never had an issue with the rear ABS. I noted them activating for short periods of time. I can understand, like any ABS how stopping distance is increased. I felt that they counter-balanced the tendency of the rear to lock up first.
The important thing to me is that Bronco II stopped when I wanted in a predictable fashion I could control. Dirt, mud, snow, dry pavement, ice. This is not something I can say about the 4 wheel ABS systems in a couple cars and my 2002 explorer.
I've had some nasty surprises from 4 wheel ABS. They are fair enough standing on the brakes at highway speed in dry and wet conditions for keeping control, but snow or dirt and they don't stop even at slow speeds.
I see no benefit of 4 wheel ABS below 30 MPH as even a bad driver just cant' get into that much trouble locking up their brakes and for me, no benefit till above 60. I know that is off topic, but sometimes I feel like I am the only one that sees the danger in these things.
I remember in the early days of ABS the insurance companies noted that cars equipped with ABS got into more collisions. That was blamed on the drivers being more aggressive because of the advanced brakes and that they were pumping the brakes unnecessarily. Having experienced the 4 wheel ABS systems remove braking when I needed wheels to lock, to me it is quite evident why collision rate was higher in antilock brakes.