I have a 2020 Power Wagon and am building it for overland purposes. I think everybody here who says that they are not suited for moderate offroad trails don’t know what they are talking about.
I have done Engineer, Immogene, Middle Fork Swan River, Blair Mountain, Mineral Creek, Mengel Pass, Lippincott, White Rim, Funnel lake and a bunch more, basically up to difficulty of 6/10 of the trailsoffroad difficulty scale.
If you build it for overlanding it’s going to be a bit tippy due to the height of the rig and the weight distribution (roof top tent, awning, spare tire in a higher location).
The width and height will limit your trail selection a little bit, but it’s actually super rare for it to not fit. Expect pin stripes. I didn’t do Black Bear because I didn’t feel comfortable with a few inches of tire hanging over a crumbly cliff edge with 2 kids in the car, but it can definitely be done.
You’ll also have to do some modifications for it to be trail ready. Sliders and engine/transmission skid plates are a must because of the unprotected plastic transmission oil pan and the long wheel base. I smoked my OEM shocks after 20k and upgraded to a pricey but unbelievably good Thuren suspension package with King shocks that gave the truck muuuch better handling on road and off road.
All in all I’m super happy with this as a trail rig for a family of 4. You never have to worry about space, capability is great to do all the trails you want except the more extreme ones. You can just throw 37s on without having to do anything!
One downside is that aftermarket support is quite weak compared to Toyota and Jeep platforms. Bumper selection was pretty bad for a while but seems to be getting better. Skid plates are really nice but basically produced by one guy in Oregon with months of wait time.
If it was only me and my wife, I’d do a dual cab short bed 3500 lightweight camper build with a diesel engine.