You'll be fine towing, the key to 1/2 ton towing is to have the trailer hitch height correct, loaded forward correctly, and the brakes in good working order (cleaned and adjusted often). And like others have said, load with fuel and water when you're close. Half tons aren't as forgiving compared to the 3/4 and 1 tonners!
I tow everywhere with my 1/2 ton 1997 Expedition 5.4l on 37" tires, and 9 inches of lift. My hauler is an 07' 23 ft. Attitude Ft. Sleeper with fiberglass sides. I usually load 3 quads inside or my Suzuki Samurai by itself.