Well here's my take on the 8.8 swap......
The 8.8 is a great, simple swap for certain applications, if your running 33's and want 4.10's, that's a good route to go since most have 4.10's from the factory, LSD, disc brakes, stronger axle, no reason why one wouldn't want to go with a 8.8. The only major downfall IMO is that you have to run wheel spacers to achieve the correct wheel track. I personally hate wheel spacers, combine that with heavy wheels, larger tires, and moderate wheeling, something I would rather not have. Plus you have to somewhat modify everything to work.
The 8.25, 29 SPLINE, is a good upgrade for the moderate wheeler, only downfall to that is the small brakes. You can get the Zj disc swap to take care of that, but here again, a little modifying. Also, depending on the gear ratio, there's only one company gears past 4.56's. I wanted 4.88's and at the time, nobody made them, so I went the XJ Dana 44 route.
My .02