I have heard of them bored out 60 over... I have also seen a couple with blowers and turbos. In my opinion, the blower is the better option for wheeling (more linear accellaration and no lag), but it is also the most expensive.
In mine, I run a Mopar Performance Cam (450 lift 256 duration), Performance Distribuitor system (rotor, cap, LiveWires, Screaming Demon Coil), plugs gapped at .060", bored out 4.0L TB (62mm), 62mm TB spacer, Fram AirHogs filter, snorkel (works as CAI and RamAir), 19# Ford Design II injectors with and adjustable FPR set at 46PSI, eFan (with 160A alternator and DC Control box), Magnaflow high flow cat and Borla CatBack. I also run 4.88 gears to turn 33" BFG MT KM2's.
Offroad, mine behaves fairly well, and holds its own with the I6's. But on the highway, I still feel it needs a bit more power. I think 5.13 gears would be the ticket, as when I ran the 4.88's with 31's it was really in the range of RPM's that the 2.5L loves to be in, but, of course, that means 2 new axles, and that aint happening anytime soon...
I am sure if I rebuilt mine, I would gain a lot of power (it does have 135K miles on it), and I do plan to overhaul it sometime in the short to mid-term. Hopefully, this will increase power enough for me, but if not, I think a blower is going in on the long term...