It's definitely trail ready if you like all the bells & whistles. Just an FYI, a stock 4x4 Runner can do most trails with no issues.
A few concerns:
1. These transmissions last longer than 132k miles. If it's got 90k on the current one, if there's some underlying issue that was never resolved then you might need another transmission in a year or two.
2. This is not a daily-driver kind of 4Runner. Chances are the alignment is going to be a bit off (hard to align lifted 4Runners, just watch the forums!) and going to have bad MPG's.
3. Seats. Others said it, they are probably trashed.
4. What the heck is that hanging from the rear mirror? Some sort of wanna-be tractor radio? I've never understood why people try to make pickups/SUV's into tractor-trailers...
5. No pics of the engine bay. Not necessarily a bad thing, but unusual.