Fullsize 255 spare with an aftermarket rear plate bumper?

I've been going back and forth between Pelfreybilt's standard rear and their swing-out, but I'm just not sure I can justify the swing-out cost. I guess the limiting factor would be whether or not it will affect the fitment of my current 255/85/16 spare that is under there.

As you can see in the photos, the factory hitch is really the space limiting factor, so if anything there could potentially be more space with Pelfreybilt's. Their integrated hitch concerned me at first, but as you can see there is quite a gap in the area above the factory hitch which hopefully would allow for a receiver to sit there without bumping the tire.

Has anybody done it firsthand?

 

Bump