Did my LBJ's this weekend. The first wheel was a little bit of a disaster. Took about 6 hours. Several commenters have mentioned this, but on my 99 Explorer, there is a large collar on the bottom of the LBJ. It's so large that you can't get a socket/pipe around the LBJ without hitting the lip of the lower control arm.
On the first wheel, I actually mistook this collar for the lower control arm so I was tightening down the LBJ against itself. I ended up bending my press and mushrooming the LBJ. It took a good 30 minutes of smacking that thing with a 4lb hammer to get it out. By then, my press was mangled so I couldn't press the new one in. Had to make a trip to my dad's to straighten out my press and find a socket of the right size for pressing in the new LBJ.
Second wheel was much easier (took about 2 hours). I sprayed a little WD40 around the edge and gave it about 5 carefully placed smacks on the top with a 4lb hammer. It squeezed right out. I know some people have expressed concerns about this method, but with Ford's LBJ (and it's goofy collar), I'm not sure there's a much better option. As long as you hit the LBJ relatively square and flat, I think it's the way to go.
I used the jack-method to get the replacement LBJ's started and then used a press to squeeze them the rest of the way in. As some have mentioned, I could only get the replacement about halfway in before the jack started lifting my Explorer (which made me uneasy). Once they were started, the press worked well for pulling them the rest of the way through.
My Explorer is quiet again and the ride is noticeably better. I wasn't expecting the lowers to help with the ride, but it definitely did. Thanks for the guide. It helped a lot.