Just to shed a little light on the subject:
From my 99 owner's manual, the best that a 4 door with the 4.0 OHV engine can pull is 4680 lbs. That is with an auto and 3.73 gears. With a manual tranny, it is much less. It also states that any weight over 3500 lbs. requires a weight distributing hitch according to Ford.
Now, that being said, if you are going to try it anyway, I'd recommend 4.10 gears, a tranny cooler, and possibly an oil cooler. A bigger radiator would help as well, if you can find one. You will be putting considerable strain on the engine and tranny by lugging around twice the weight that it normally pulls.
Don't use a bumper mounted ball for anything over 3500 pounds. Don't buy a hitch that mounts to the bumper. Your best bet is to get one that mounts to the frame, and it is preferred, especially with that weight, to get a weight distributing hitch as Ford mentions. Tongue weight should be 5-10% of the trailer weight, preferably closer to 10%, particularly if you plan to take it at freeway speeds.
One unfortunate feature on Explorers is that they tend to sag in the rear if you put much weight back there. A set of add-a-leafs will stiffen up the back a bit, and will lift it an inch or two as well, which should help for towing.
BTW, the bumper stamping only lists the amount you can tow with the bumper; not with a frame mounted hitch.
And another BTW, if you do choose to do a gear change, it is a perfect opportunity to have a limited slip differential (or even a locker if you do much off road driving) put in the rear, at least. It'll help you if you tow a boat, as well as off road and in the snow.
Some day, I'll share some of the towing stories from when I had a boat. Some of what I've seen and done is quite amusing. Dead Link Removed
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Tom
Oh, by the way, you didn't mention whether you had the OHV or the SOHC engine. The SOHC is considerably more powerful, and as a result, can pull about 1000 pounds more. That alone will put you in the 5500 pound category if you have the 3.73 or 4.10 gears. If it's like my 99, it already has an auxiliary tranny cooler, so you wouldn't need that. It also has 2 extra quarts of coolant capacity over the OHV engine.
[This message has been edited by Tom Wilk (edited 02-02-2000).]