Generally speaking, the quality of lift has more to do with road manners than height, up to a certain point of course. When I lifted my truck (8.75" in the front, 5" in the rear), I paid more for a quality lift kit rather than going the inexpensive route, so that I would still have a good ride. I did go with stiffer shocks than factory, because I didnt want it to be quite as cushy. My truck still rides better than most 3/4 or 1 tons do from the factory, but I have the look and clearance that I wanted.
As for brakes, I upgraded mine to the police duty pads, drilled/slotted rotors and steel braided lines to give me good braking regardless of the larger/heavier tires. I went from factory 33s to 35s and did not change wheel diamiter, but did change to a much wider rim, so the setup is a bit heavier than stock. You can go with a larger diameter lighter weight wheel to cut down a bit on rotating mass.
I am actually going to step things up a bit more soon with a 3" body lift and 38" tires. Ill be moving to larger wheels that are as light weight as I can get so that I wont lose too much braking. I will be re-gearing the truck to make up for the larger tires though. Currently I am running the factory 3.55s, and will be going to 4.56s, which should get me right about to stock final ratios with 38s.