Had the truck for a little over a year, put almost 12,000 miles on it and not a hitch. Bought it with 142,000 and was a bit weary, but got a great cost and I know the Ranger reputation to be good.
Reliability - hasn't hiccuped yet.
Power. That is the one thing that I can't stand about this truck. I have the 5 speed manual, and there it is the most sluggish thing I've ever driven. But it gets me where I'm going, even if I have to downshift on a slight grade.