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I have an older Ranger. I don't do much truck stuff. The bulk cargo area is the draw, not the weight capacity. The heaviest load I carried was 800lbs of plywood, which was 15 sheets or something. I have a 4x8 trailer that can also help haul bulky household goods for moves, a motorcycle, lumber, or furniture. While the trailer is rated for 1700lbs payload and weighs 300lbs itself, I have never put more than 500lbs on it, despite filling the 4x8 floor stackef 4ft high. I made the trailer before getting the Ranger, so now they're redundant and never actually hauled together.
If you're already towing, this probably isnt the truck for you. If you aren't towing, it provides an option to tow something if you have to. The reason I chose the Ranger is because it's cheap, gets good fuel economy, and has the capacity to grab full lumber sheet goods on my commute home. While I could find a 30mpg car for the same price, I'm still in the mid 20s. Maybe I could spend 30k on a newer F150 V6 and get similar, but then it costs 10x what I paid. Bulk space and handling scratchy cargo is the main goal. I think of the Slate as being what the Ranger should've been now.
Fair enough