Our new 2007 Expedition Limited has 1000 miles on it. We towed our 5,000 lb boat for the first time, and the drive was so smooth you honestly couldn't tell you were towing. The RPMs never registered above 2,000. This was only a 75 miles trip, on only mildly hilly terrain. We do NOT have the towing package on this vehicle.
In 3 weeks we will be towing the boat up through Franconia Notch in NH, which is a long, steep, uphill climb. In our 1997 Expedition, this part of the trip was always a little nerve wracking. The RPMs would scream above 5,000 as we strained up the hill. It never let us down, but it was not exactly pleasant.
I'll post again when we return to give the 2007 another report card.