Hey Kidz, just thought I'd add my three cents worth on this thread----I spent 2 hours a few months ago trying to get the rotor off of my daughter's '96 XLT 4x4 (with the 4.0) but gave up after doing the parking brake cable slack/clamp trick, the drill bit in the turnbuckle trick, some hammering with wooden blocks and ball peens, backing off the e-brake star adjustment, marinating in PB Blaster, ad-frickin-nauseum. I just lost interest in it and had other things to do----plus the brakes were still working decently and there weren't any safety concerns.
But today I really got into it. I went back thru all my previous notes and re-read some threads and posts here and got my arsenal of crap all ready to go. Long story short, after removing the wheel and the calipers I shot all five wheel studs & the center axle hub & behind the backing plate with PB Blaster. Then I backed off the parking/e-brake as far as it would go. An hour later I took a hammer to the center axle casting (as I held out the rotor with my left hand), but got nada. Then I put some lug nuts back on part way and gave those a whack or twelve---hoping to loosen things up. Not sure if that was helping at all....but you just never know. So whilst scratching my head for a bit and digging around in my shop for something-----I found my cheapo Harbor Freight slide hammer. After putting this end fitting on it I started doing some slamming on the only exposed part of the roto I could get it to grab. I also made some scratch marks on the axle and the rotor (arrow shaped) to let me know if I was making any progress. After a few slams I thought I heard a thud sound, which is good. Then I figured I needed to get the end fitting to the opposite side of the rotor----and I just barely got it to go on, after pushing in on the dust shield a bit. Now I could get this thing to slide around to any 'clock' position on the rotor that I needed to. And after another dozen slams or so? Voila----rotor popped off like nothing. But just to be fair, the parking/e-brake shoes had NOT yet dug themselves into the rotor (thereby making their own big groove, thus locking themselves into the rotor), so I dodged a bullet there.
Anyways, new rotor and pads installed, all bolts and slides cleaned and lubed, grease applied to the inside rotor mounting area (so it won't rust on again) and I was back on the road in 30 minutes.
Here's the H/Freight slide hammer I used;