The Ranger is a winner. It's going to compare favorably with the Chevy Colorado and provide a much nicer package than the Toyota Tacoma (although the Taco is noted for its toughness, so the new Ranger should require some time to distinguish itself on that front).
I actually used the truck extensively, driving it around the New Jersey suburbs, in New York City, and on a long run out to the East End of Long Island. I also loaded up the bed with a variety of stuff.
The Ranger handled everything and was easy to drive on top of it. Sure, it bounced me around on uneven Manhattan streets, but everywhere else, the truck was smooth. The steering was car-like, and the engine pumped power smoothly through the ten-speed without a sense that the Ranger was eager to get to the overdrive gears to boost MPGs.
As equipped, my 2019 Ranger tester was a tad pricey, but it lacked for nothing. The interior was lovely, the infotainment was first-rate, the design is snappy, and other reviewers who've had a chance to go offroad have been impressed (I didn't get to go all down-and-dirty with the FX4 setup.)
The bottom line is that Ford needed to get back in the smaller pickup market in the US, and restoring the Ranger nameplate was an obvious move. The truck has arrived, and it's exactly what you'd expect for Ford, the pickup king.
So now in addition to a good, old-fashioned full-size pickup-truck war in the US, we have a skirmish in midsize trucks to keep everything lively!