The steering recall is mainly for the 3/4 tons and up (basically in the linkage) i havent seen anyone with a problem before they swapped the recall part, i just think it was mainly a precaution, at least i dont know anyone whos lost controll and crashed. as for the jeeps again i havent really heard personally of anyone having their gas tank explode (if im wrong im sorry). it isnt really the greatest design yes, but from what iv seen theyve lasted fine so far. and the recall is just a hitch that kind of wraps around to the frame, so if you have a hitch your probably already safe.
As I said though this info is just personal experience. And from what i understand is its just the american chrysler corp that has the fines buy backs etc. so if your in canada you may have the recall but you dont have to trade up (again I dont think so at least)
Its all still sort of new info so its gunna be interesting to see how it proceeds