Both are great shocks but it's a very large stretch to say one is night and day over the other. I could send you a King right now that is set up completely wrong and handle worse than a Rancho 5000. The same be said of the Fox. The real question is how do you use your truck? What kind of driver are you, and do you have someone to tune your shocks for what you like, not what others like. The King is a speed sensitive shock with compression adjustment. This means you can adjust firmness but no matter what the shock is still damping based off shaft speed. To properly set up a speed sensitive shock for the dirt, you will sacrifice daily driving ability.
The Fox is an Internal By-Pass set up meaning it's both speed and position sensitive offering much more versitile shock for both daily driving and the dirt. By-pass technology allows you to fine tune the truck for both small washboard type of stuff and big whoops all while using the same shock.
Moral of the story, both are great shocks. The real question is who is tuning them for you and which shock can give you the best results YOU are looking for, not what you have heard.
Thanks RPG I believe you when you say its all in the tuning for the type of driving that you do. I was told by another vendor that sells both fox and King that it was a night and day difference, when someone is that adamant about something you tend to believe them.
I have no experience with either yet.
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