On the HPCR trucks (03 and higher), the value of a fuel pressure gauge is limited because if the lift pump goes, the truck doesn't run, but nothing gets damaged. So the gauge is really a no-start diagnostic tool and if you go for one, doesn't really need to be inside the cabin. The fact that you have an 05 with an in-the-tank lift pump means you will probably never see a failure, although time will tell if the pump in the tank works better.
On the 24V trucks, like fox says, no lift pump=no VP44 sometime thereafter. And neither event (LP or VP failure) is on or off - rather a slow, erratic and expensive death. Both parts are covered on the 10/100 engine warranty.
Dodge is rumored to be making a 24V kit to put lift pump in the tank. Must be getting tired of all the residual warranty work given they are addressing a design that is 3 years out of production.