FYI...Jeep is my first vehicle...and well...Jeep! Pretty much got me hooked on Jeeps as well as Wheeling.
Good:
L.O.S.T.-- without this site, I probably would have never thought about a liberty but after researching on here I discovered what little aftermarket there was and that there actually was a "liberty-oriented" lift kit...hence the FRANKENLIFT!! And like others have said....you guys ALL rock!!
Fun to drive--Winters are a BLAST in the KJ and the 4X4 system works great with such a short wheelbase. I was surprised what I could do unlifted with stock tires in the snow!! All around a fun vehicle to drive, and I can't even imagine what the CRD is like!
Looks--I for one liked the looks of the liberty...even though it may be "cute" and such, I still like the look after a few more masculine looking mods...like bigger meats, a lift, roof rack, and bumpers.
Manual T-case
Selec-Trac option (although I have command)
Decent cooling system with tow package
Bad:
3.7L is kinda pudgy and of course the gas milage SUCKS!!
Stock SRA's really suck....
Alotta plastic.......which makes room for improvement (modifications...thanks ARB and Marty!!) like metal bumpers.
Ugly:
Ball Joints
Weak Radiator--had been patched by previous owner and I had to replace....plastic edges can't handle the weather.
HORRIBLE MPG...as said before
IFS....makes ride nice...but it needs a better system that leaves room for improvement. (as if no one was guna lift this thing....c'mon...

)
Owned by Chrysler........
Weak Front Diff...
CRD was a failure....awesome idea but it seemed to not work for many. Or atleast this is what I've read....