Please keep the condescending remarks to yourself. We're supposed to be a friendly-based community here.
While the rear speed sensor usually does go out on these trucks, they (most of the time) trigger the ABS light on the dash. How do you even know what the underlying problem is without properly scanning? Tons of times the computer reads out false errors. Even that PC/laptop that you're typing on could read out false errors with an application/security error (which 9/10 rebooting helps) Bring your vehicle to a mechanic with a trouble, and guess what the first thing they do is?
When this happened to me 3 years ago, I did the reset by unplugging the negative terminal. Guess what? 3 yrs/40k miles later my 4x4 still works fine and I haven't had a single warning light. Same with my brother-in-law. Over one year, running strong.
To the OP, give it a shot. It doesn't cost anything...worst case scenario the light comes back and you're in the same spot you were before.