The 2.7 definately feels a lot stronger than the 2.5. I went ahead and picked up some flexible 3" hose and connected the MAF to the air filter. Put about 100 miles on the "new" engine so far. There was a lot of valve train noise for the first several miles, but I think that was caused by the hydraulic lifters due to the engine sitting for 2 years. Now it runs smooth as butter.
Hills that would cause a downshift into 3rd with the 2.5 are overtaken effortlessly in 4th now.
I got the tach working (just had it going to the wrong pin on the PCM). Getting the 4x4 working was the biggest challenge. I had to locate this circuit board under the dash and re-route all the wires to the PCM as it controls the air pump on 2002 models. I went ahead and unsoldered the connector from the circuit board and use that as a plug into the harness. I did this because it was very tight up under the dash, and it would have sucked to have to do my soldering there.

Now I'm just waiting on the proper airbox from 95XL7 and the 2.7 outlet pipe, and I'll be all done. Heater and A/C controls all function 100% despite 2 wires from the 2000 PCM not being used on the 2002. Cruise is also working 100%.
The only thing that is a bit funky is the O/D switch on the shift lever. On 2000 models, the button is either in or out. I suspect the 2002 is a momentary switch. I have to press it twice to toggle in and out of O/D, but if that's the only compromise, I can certainly live with it.
Despite all the re-wiring, the swap was well worth it and the wife feels like she has a brand new ride now, so its a win-win.