I just had 275/70 R16 Bridgestone Dueler A/T Revo's put on the Trac (today). No rubbing at full turn or compression. I also dropped on Rancho RSX's, so that may be keeping the tires from rubbing on compression. I don't have a lift, nor did I do any trimming. I'll take a shot this weekend after I buff it out and wax. But, needless to say, they fill the wheel wells nicely. To me the 255s always looked small for the wells.
275/75 R16 = 31.2" height, 10.8 section width, 8.1" tread width, 16 inch rim. 265/75 R16 are a little taller (I believe 31.8"), which accounts for the rub on compression and tight turns.
What is nice is that my speedometer was calibrated (computer chip set RPMs) by Ford lower than my actual speed. Using my GPS as a test device, the speedometer is now correct based on the larger tire. So, there's no need to pick up a flasher or see if a dealer can edit the computer.