I too have used the neutral method and it really works well with or without ABS. Engine braking during a slide is folklore because your foot is on the brake doing all the braking with the intention of stopping yet the engine's purpose and desire is to move you forward. This really isn't the reason for the advantage but it saves your brakes some. The benefit comes from all 4 wheels rotating at the same speed with no torque applied, with a 2wd even though all four wheels are braking two are braking less than the other two not only fighting braking but also fighting traction because the two undriven wheels will be dragged/pushed by the drive wheels. With all this said I wouldn't recommend doing much of it on an ATX with ABS because it's added wear on the transmission valves and shift linkages for a slight benefit.
ok final answer you shouldn't need to do it on your 4runner
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