With Factory Trailer towing, switch is fine.
I have pulled many many trailers, two at a time. One behind the other. Mostly at night (wonder why?). All lights lit and only using the factory plugin. You can count the runing lights on 20 or 24' stock trailer and then take that times two. Most of the stock trailers run four tail lights. Many times I would get back and the inside cargo lights were left on. Many of these trips would require the lights to be on for more then 12 hours at a time.
This is on a 96. Have never even blew a fuse, changed the switch, or melted any wires.
Unless you want a switch to blink at the truckers when pass, I would not bother. Just another place to develop a problem.
jjw
ND