My 98 4.0L 4x4 5spd has LS, and I have no problem in the snow/ice whatsoever. The 4wd helps, but even in 2wd I can keep full control when I want, and never have problems turning. And I can spin both easily WHEN I WANT. I agree with everyone who said that LS is better in snow if you are a good driver. I also have a canopy that weighs somewhere around 180lbs and had a couple hundred pounds in back, which probably made a big difference also. I did slip once in 2wd going up a hill on ice, but I just downshifted to third and hit the gas. Let off REAL quick when the back started to slide around. If I was in 4wd, or wasn't agressive, it wouldn't have happened. Any vehicle is only as good as the person driving it. If you're careful, LS will give you more traction... Just my thoughts...
Brian J Wilson
1998 Ford Ranger XLT 4x4 4.0L 5spd SuperCab/ Off-Road w/LS