Thats what I thought when I frist got them on. But take a look at a stock KJ the gap is not much different. The first time I ran Cane Creek and Hells Revenge stock I beat the Heck out of her. the botton of the front bumper is scratched to bits and the skids. Also Blew 2 tires (stock tires sucked bad).
I went back about 3 months later and had no problems at all on any of the same trails. I thought the rubbing of the tires was a southing sound compared to the sound of rocks scraping on everything everywhere. I cant find a side shot that is not on an angle of her New. I will find anewer pic in moab of the bigger ones stuffed
I actually didn't want the 265's because I was worried about the same things. After I got on the 245's I took her home and my wife thought it didn't fit with the lift (this is her daily driver). She did not think that they filled the well enough. So I thought I would take the opportunity to get a little more and deal with the rub and cutting. Knowing that I only wheel about 3x a year and will be going bigger when there is a good lift out there.
I also wanted as much clearance as I could get. I go wheeling with a bunch of cocky TJ and 4runner owners with about 10-30k in mods into each rig. They enjoy taking me on trails that they know I have no clearance for. But I will say the liberty has finally gained the respect of others. The first few times out they were asking who brought the Mini cooper.
So I would say to anyone wanting 265's do it if you are planning on going bigger in the future, and you dont mind a minor rub and some cutting. The trade off for me was well worth it. My gas mileage has dropped drastically and that sucks these days, but oh well whats the point of having it if I cant take it out and beat the crap out of her a few times a year. I love the extra clearance since I am not the best driver in the world.