Recently, I have been thinking of getting a 2nd generation truck. I really like my 1st gen, but there have been a few things that have made me start thinking about a 2nd gen. Prior to the 1st gen I owned 2 different 2nd gen gassers (hated the gas engines, but liked the truck). I realize that there are some distinct differences among the two. I really like the manual front hubs, NP205 transfer case, ease of maintenance under the hood, and how rugged the truck is. But what I don't like is the VERY harsh ride (neither does my wife!), small rear jumpseats, VE pump, and Getrag trans. If I were to go to a 2nd gen truck I would want a 12V 5 speed also. I really like the idea of the P7100 pump, the NV4500 (except for the 5th gear nut), quad cab, ride quality, and fit & finish. I would like to get some opinions from others that have experience with both 1st and 2nd gen trucks on what I should do? 
