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Do a search and you will find a lot of answers to this. My deffinition of a highboy is a 73-77.5 F.250 4x4 which FORD specifically made to enrage people which in the future would be trying to find a bed which would bolt in place, along with other random little hard to find "mystery" parts.
So its like a Ranger vs a custom? What did you get with it?
To my knoweladge the explorer was just a fancier trim level, paint job, chrome, etc.
The Ranger I really couldn`t say.
The custom was just whatever random stuff someone might have wanted, rocker panel chrome with a Lariat interior. It was just whatever they could think of. The custom could range from plane jane truck to a truck with all the bells and whistles.