im going to assume you have a 5 speed manual?
when i bought my jeep it had 3.07's with 31" tires. its was OK (ish) around town but trying to go more then 65-75 really sucked. i could barely use 5th gear at all. while this set up does "work" it was a real dog when it came to power. even on drive up an incline on a freeway 6% grade was rough constant down shifting back down to 3rd.
re-gearing is not cheap my advice is when you know what tires you want to run then you can re-gear for that size.