32s would be fine with a crank on the t-bars, I have seen people run 33s, but you get a lot of rub on the tires that way. Not sure if thay have those in our bolt pattern so you may have to get some adapters. A 3" spindle would allow 33s easily.
Sold:2004 XLT 4x2 Ext. Cab. 3.0 Mods: 3" spindle, AAL, shackle, 32x11.5 on 15x8s, billet grille, clear corners, flow 40 dumped, line-x, CB/PA, traction bars, lil sound system, auto up down windows
Sold:2005 XLT 4x4 Ext. Cab. 4.0 Mods: ProComp lights w/ HID swap on tabs, 32x11.5 on 15x8s, CB/PA, black out heads/corners, lil sound system, cranked t-bars, flow 40 dumped, line-x, shell, bed rug, 06+ tails, metal tail gate handle since plastic one shattered, OHC, Mustang Dome.