not really extra power per se... I think it's one of those things you just know when you really need it...
in fact, I did get stuck in the snow a couple years ago, and was able to get out in 4 HI in 1st gear... short of that, I would have opted for 4lo, but that tells you to try anything else first... 4 lo is like a last resort kind of thing, unless you like to spend money...
just never use it on the street, even in snowy weather, and you will be fine...
as was mentioned - only then, doing 15-20 mph... you are putting the truck into "max" work mode basically, and it's hard on the whole drive train...
I have a friend that used to use his explorer with a plow, and left it in 4 lo all the time when he was plowing snow... it did "work" but that got expensive quick, but he only had the 4.0L too - maybe the 5.0L would have worked better... but Ford didn't really design this truck for snow plowing either.... it's what the 250 is great at... in fact, I think they mention somewhere about not for use with a plow, etc... but I would tow with it for something under 1500 lbs... class 2 You're not gonna tow a horse trailer with it for very long

or a huge camper, but like a 12 ft sail boat, or a couple of snowmobiles, etc... or a landscaping trailer, etc... good for that stuff...