yeah there are a few bobbed 3rd gens out there on the interwebs.
Makes sense if you're starting with a truck that may have body damage in the rear, but if not, to me it makes no sense to chop up a perfectly good 4runner and lose cargo space for simply the look. Might as well just get a truck if that's the look one's trying to achieve.
I'd imagine the ones that have done it and done it well however, weren't cutting up pristine 3rd gen body panels.