Rear spring hangers and shackles needed replaced.
Constant brake problems.
Blew a power steering line.
Had to change all the little lights behind the dash. Not a fun job.
Leaked fuel if you filled up.
Had to change spark plugs - the 2.3 is a 4cyl with eight plugs that are a pain to change - took all day.
A/C never worked right, compressor clutch made all sorts of noise.
2.3 was sorely lacking in power in any gear. But, to its credit, it had 278k on it and didn't smoke.
Doesn't it just stink when a 14 year old truck does not perform like new. Maybe the showroom floor would have been a better place to buy your truck.
I've owned 3 of the 2.3 litre 4 cylinder Rangers, as well as 3 Ford cars that were powered by the 2.3 engine. True, the older ones weren't the fastest 4's around, but I never had a second's trouble with any of my 2.3 engines. The most miles I put on any of them was about 190,000, but it still ran very well. My last Ranger had the 8-plug setup and I changed the plugs in half an hour. All it requires is a universal swivel socket and long wrench.
Dude, you bought a truck with 276K miles, I think that pretty much says it all about the truck. Perhaps it was a gift, in which case you should not really complain.