I think I understand what you mean by rolling weight vs dragging weight.
But imagine towing a 5,000lb trailer load up a steep rocky, rough track, or even up a steep paved road. The combination of load, rough terrrain and/or upward movement is exerting an overall force that is larger than what the hitch would experience from simply towing 5,000lbs over a flat surface. Isn't it likely that Toyota designed the hitch with some margin of safety in mind?
I get what you are saying about the 5th gen's hitch design versus the 4th gen's (V8 version). I think the 5th gen's hitch receiver setup is a suitable recovery point (for the vehicle that is recovering or being recovered) for most mild snatch-type recoveries. After all, it's not as if the stock tow hooks on the 5th gen 4runner offer much better, if any, weight distribution over the hitch receiver for snatch recoveries (which is what the tow hooks were designed for). If we are dealing with a vehicle that is absolutely bogged down in the mud, I'd probably look at a winch recovery or digging before I considered any type of snatch recovery simply because it seems there is a greater chance of something snapping or breaking. Otherwise the trailer hitch seems as good a place as any (outside of looping recover straps around the frame rails themselves) for a snatch recovery.
My 2 cents anyways.