The question is, To lift or not to lift? Opinions?
Try to determine if Toyota had any suspension issues with that era truck.
(you can do the research on several of the Toyota Truck Forums.)
If so, get them to do whatever work the service bulletins are calling for before you decide to do anything on your own. If you do any work on your own, make sure to save the receipts in case any issues arise down the road...
If there are no Service Bulletins for your truck, then I would say leave it stock, unless you are going to be doing crazy off road 4X4 kind of stuff, or just need to see your truck standing higher than it already does.
That truck will go anywhere you need it to go on the beach as it is right now, as long as you don't drive like a dope and air down as needed...
I had to do a bunch of work on the suspension on my '05 because I was already out of warranty when Toyota finally admitted that they had put sh*t shocks and springs on the '05-'07 Tacomas.
But that is just about all that I have had to do to mine besides Reg. Schd. Mnt., and I'm going to turn 416K on it sometime this week.
And a bunch of that has been in the sand...
Enjoy your Tacoma, drive the bleeping
Sh*t out of it!
(And Change the oil, change the oil, change the oil!!!)