Welcome to the forum! :welcome:
There are a couple of other factors to think about... Most notably gearing. The transmission would also be another thing, but I'm guessing you are running a 700R4 (4spd overdrive) unless it is a military blazer. What gears and tranny are you going to run?
Bigger tires shouldn't affect power output, acceleration, or performance if they are installed with the proper gears and the governor on the tranny is set up right. They will affect steering and roll characteristics, however.
Welcome again! :welcome2: