>>I guess you didn't know a V8 (in most configurations) is a naturally balanced engine requiring no counterbalances. A V6 isn't naturally balanced and requires power robbing counterbalances that increase inertial resistance. The biggest advantage of the V6 is that it's COMPACT and can be mounted transversely in front wheel drive cars. Straight 6s or flat (aka boxer) 6s ARE naturally balanced, however. Most knowledgeable people wouldn't refer to a V6 as being a balanced engine, **TBUNDY**
The Tacoma TRD certainly has 12" of clearance: http://www.automotive.com/reviews/2001/Toyota/2001_Toyota_Tacoma.html
Your complete lack of automotive knowlege perfectly explains why you bought a Jeep Liberty and think it's the best thing around...