An update - - -
While talking with the tire service center, they mentioned "AWD". Upon further inspection, my Explorer is "4WD" according to the emblem on the liftgate. Reading through these posts, it sounds like 4WD is a bit more forgiving on all the tires having similar diameter/circumference.
I'm going try to plug it. I have the Stop & Go plug kit for my motorcycle. It has the plugs that are self-vulcanizing.
I figure I don't have much to lose. I have faith that the plug will not fail suddenly, nor catastrophically. If it fails, it will simply start leaking. The current tire has a slow air leak that will get worse the more I drive it. If the plug leaks, then I'll look at replacing.
I promise to keep a close eye on the tire pressure.
I'll let you know how it goes.