Bought this truck new in August 2001 and have enjoyed it ever since. Plenty of power from the 4.7L V8, great body style, and reliable from the get-go. I have 165,000 miles on the truck and it doesn't eat a lick of oil between changes (every 3000 miles). Best of all, it does everything I ask of it. It tows my trailer with no problem at all, hauls most anything that will fit in the bed, and doesn't seem to be pressed no matter what the cargo.
Best part of the truck is the engine/transmission. The 4.7L V8 is strong enough for any task and the acceleration is great. The transmission shifts smoothly with no power lag. Overall, very well engineered and a joy to drive.
Had some problems with the automatic window/motors. Had to replace three of the four so far. No other issues that are out of norm for the mileage and age of the vehicle.