Because of the low cost, I would highly recommend doing the body lift as well, it's a relatively easy modification that only takes minor fabricating of the front and rear steel bumpers to get done right. I did my lift in a day and was extremely pleased with the results. The GV rides basically the same as before, of course the cornering stability has decreased but it is
barely noticable IMO. Getting rid of the front sway bar had a far more negative effect on the vehicle's handling than adding the 2" body lift.
With just over 4" of total lift and no front sway bar, I run my vehicle on a daily basis and feel quite safe on the road (possibly due to the pretty stiff Calmini front springs I have on). Even in cases of emergency, I can still corner relatively quickly if I so desired with no feeling of wanting to tip over, I will more experience some understeer when pushed..
From experience, if you have alot of flex in the rear suspension, 2" of suspension lift alone is NOT enough to clear taller tyres. This is what my rear end look like when compressed. I have on 215.70R16 (27.85") tyres and only the 2.5" Calmini lift at the time..

Any wider and it was sure to touch..
In this pic (view it full sized) I was testing out some 245/70R16 (29.5") tyres on the rear. The smaller 27.8" tyres are in front. Here I have both the 2.5" suspension and 2" body lift.

The 29.5" tyres fit just right on the vehicle, almost giving it back a stock look.. Sadly, my auto transmission just does not have the gearing required to run the 29.5" tyres and it was impacting severely on fuel economy and acceleration..