Several years ago (before this BB or the CDW BB were launched) I remember reading on the Happy Campers BB that a NEW 255/85R16 spare will not fit between the frame rails. I believe the poster used 2x2s to space the spare lower to eliminate interference with the frame rails. I believe another poster said after using the tire for a little while it would just barely squeeze between the frame rails.
I do know this, I have a NEW, full size BFG 285/75R16 All-Terrain mounted on a 5th M/T Alcoa Challenger I have installed in the stock spare tire location... it just barely fits between the frame rails. A 295/75R16 A/T would be out of the question thus, my motivation for going with the 285s. A spare smaller than the other four is useless as T on a B... especially when you are off-road, hundreds of miles from anyone.
..... if you don't have a good spare make sure you invest in a GOOD pair of walking shoes.
BTW, that's one of the little tricks the Washington State Patrol likes to pull... check for an "adequate" spare on trucks with BIG wheels and tires (many municipalities do this as well). I've been pulled over numerous times in the past with lifted 4x4s (I'd previously owned) for a check although, I've never given them the pleasure to offer me a ticket.

Motto: always be prepared.
Also, if you have a 285 spare AND a Mag-Hytec differential cover you WILL either need to relocate the spare OR (as I did), fabricate an offset mount so the tire clears the differential cover as the suspension cycles, also staying away from the exhaust system.