As Apoc said, we need pictures. Year models also change setups.
But off the bat, the 4" diff drop only relocates the diff, and hopefully, ALL the mounting points for the upper and lower control arms and swaybar connects. 2" shocks does nothing for lift, just gives you more travel distance on the shock. It's a longer shock, and that is why yours is now very close to full compression because you don't have the lift with the parameters needed for that shock to work within. That all goes out the window if you are running a coil-over setup, but again, we don't know what the Ranger setup uses. My old Nissan had torsions with a set of coilover's as helpers, so who knows.
Your funky tyre wear tells me that your geometry is all messed up. Maybe your upper and lower control arm mounts are not at their correct positions relative to each other anymore.
Lets look at it this way. If you were just wanting a 4" lift with no additional articulation or wheel travel, you would install a 4" drop kit on the diff, all control arm mounts, sway bar connect points, and coil and shock mounts to get that 4" lift on the original shocks and coils without affecting the geometry. BUT IFS is very limiting, and you will find that you still score no articulation, as you are running between a lower and upper bump stop that prevents your suspension from cycling any further than it did originally. So no need for longer shocks or coils.
So, besides the 4" lift, you have just added some horrible angles between your steering rack/box into your draglink and /or tierods, lifted your COG, and still have no additional articulation. All of these points just make for a vehicle that needs more driver input to stay on the road. Even a Jeep owner with a 4" lift and bigger wheels will tell you that it just does not track like stock. My Nissan with 8" lift and 4' bigger wheels, is way more of a handful than stock.
;)TIC comment

Your solution to big lift and wheel travel on a IFS, can only be SAS.