IMO, I prefer steel. Back in the day my brother caught a little too much air in his Toyota. He landed ******* one of the front wheels which ripped the BFG off and bent the rim. After the rim was hammered back into shape, he was able to remount the same tire. Alloy doesn't tolerate damage. If it gets bent, don't bother trying to fix it.
As for the weight, my CRD tops 4,000 pounds. a couple pounds is like my 250# fat ass saving 27 grams with a lighter bicycle seat. Don't get me wrong, a lighter wheel makes more sense on your GTP racer, where less mass keeps your tires on the road over bumps. Same concept as reducing valve train weight alloys an engine to rev higher before the valves float, but I just don't see the advantage ( other than cosmetic) since I don't change tires all day. A full Gerry can weighs 40 pounds. And your saving what? Also, by lightening the wheels, are you not technically moving the center of gravity higher? Add to that the suspension lift, and larger tires. KJ's are always going to be more top heavy than a wrangler, because it has a real roof. can't really change that because it's a unit body construction. It doesn't have a removable frame underneath which supports the vehicle.
When it comes to replace my factory alloy rims, I'm going steel. And when they get bashed up, I won't cry over it.