I have 17's on my truck. The reality is that tire selection in 16's is declining. Even with 17's. 18's is probably the sweet spot long term for maximum tire availablitiy. But here is mine:
4.5"/7" drop. ECE disc conversion spindles in front with 2" springs and DJM flip on rear leaf springs (HD leaf pack with overload removed and CalTrac bars. Would have left overload but it interfered with CalTracs.)
235 55 17 on 17x8 4.5" bs and 275 55 on 17x9 with 5" bs. I am VERY happy with everything setup this way.