I wasn't able to find it on this forum or elsewhere so please bear with me.
Where I live, up a long dirt road with ruts and washouts, it would be great to be able to trail-brake like I could in our 3rd gen. Why? So that when the wheels drop into ruts and washouts it's less harsh since the braking keeps the wheels from dropping, making it more controlled. At the same time keeping some form of accelaration would be great. The 4th gen cuts the throttle when you brake.
Has anyone found a solution that allows the brake and throttle to be simultaniously used?
You can! At least with an early 2003 year 4th gen!
When I used to "Performance Drive" my 4runner I picked up the habit of Left-Foot-Braking. I used it to rotate the car during turns because my old bias ply's were very vague about their limits of grip.
Now I really only use it now to coax a downshift in low grip. (can be done with sharp brake pulse and a throttle stab.)
Heading out to some gravel roads later to record. Going to duct tape the phone to my forehead.
Be easy on the brakes don't let the ABS engage or the TCS or VSC go off. There are ways to disable it especially on later models. Brake a little earlier than you would with the 3rd gen as the 4th gen is much much heavier.
Same as usual for the actual trail braking though brake through the corner while letting off the brake as you add steering input. Manage the weight transfer to the front with left foot braking.
No need to worry about forcing downshifts to reduce understeer if you're using the 2WD (just going from your post signature you've got a 2wd i think) (v8's tend to have a clunky braking feel as they downshift due to the full time 4wd's, they also feel like it "snaps"/wobbles under harsh braking.)
Recommend rotating the car on corner entry to induce understeer and allow for nose to be pointing the right direction
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DO NOT DO THIS KIND OF DRIVING WITH THE CENTER DIFF LOCKED. IT WILL BIND. I'm not sure about the 4-Lo on the 2wd's but for the full time 4wd's I personally wouldn't. Even in poor driving conditions.
I would assume it's cutting the throttle because it thinks it's sliding. Whether it's ABS does it or not i don't know.
(Edit: The TSC and VSC completely cut throttle control if it detects the tail is sliding. In my 03 I haven't found a way to get throttle to re apply with the two systems enabled. If you trick the ECU into thinking the center diff is locked it can disable them, but I have yet to do that. I had a friend of mine disconnect the sensors then and that also disables them.)
Worth noting the TCS and VSC on the early 4th gens only seem work if the rear is sliding. I don't think it considers understeer a scenario where it should cut throttle, so it's better to have some understeer through the corner entrance and exit.
I have heard that if you brake too harsh in one moment the 4th gen enters a "Panic Stop" mode. I don't really brake to the point ABS engages since you need to conserve energy at all costs to keep the 4runner fast. So I can't really speak for it.
Will record something later.