If you're planning to lift the truck at all the kit you pictured won't do what you want. I made the assumption you wanted to upgrade meaning lift a little, but maybe you just want to rebuild the stock suspension to get rid of play/squeaks/clunks and give back the original ride quality. So here's a couple of different ways you could go.
For just a stock rebuild of the front end, I'd stay away from kits from unknown parts makers. you're far better off getting Moog branded parts (check with RockAuto for probably the best pricing - we just ordered tie rods for my son's 2000 F150) as Moog is a quality brand with a longstanding reputation, and most of their parts are still made in US/Canada, so quality is higher than a lot of the stuff made out of chinesium and sold dirt cheap. You could do a full upper/lower/tie rods/sway bar links for about $450 or so, depending on shipping, using Moog branded products off RockAuto. The kit above appears not to include outer tie rods, as well, and I'd change the inners and outers together if you're rebuilding the whole front end.
Now, that said, you may not need to rebuild the whole front end. What's the condition driving this for you? Are you gettiing steering wander? Noises? Constant misalignment? You may only need tie rod ends ($80 and not hard to install in the driveway), ball joints, new shocks, or something simpler than pulling apart and rebuilding the whole front end.
If you want to lift the truck (whether that be a small lift of 1.5" to level it out, or more than just leveling), you're going to want to review the sticky on leveling a Gen1 Titan at the top of this suspension forum. For that, Rancho aftermarket quality notwithstanding, I'd still recommend the Bilstein 5100s as the basis for your lift. Beyond that, you'll need to consider what you want to do and that will get a list of requirements in terms of suspension parts and upgrades.
To give a little more info on my opinion of Rancho, let me say that I did not dislike my OEM Ranchos. They lasted about 100k for me before they started really going south, and I'm not gentle on my truck. I tow and offroad and use it like a truck (big loads of mulch in the bed, hauling furniture, doing truck stuff) and the OEM Ranchos performed well for me up to about 75k, then they got a little soft. But just after 100k, somewhere in the 110-115-ish range, the fronts went south in a big way, and I started getting handling/control issues on bumps, to the point it was gin-clear I needed to replace them. I decided to go to Bilsteins and do a lift, as I needed new tires, as well, at the time. Got it all done and wrapped up around 122k, and I've put another 4k on it since. I'm very pleased. I grew up on Rancho shocks. Used them on trucks and Jeeps with all my 4-wheeling buddies in high school and college. But back in 1990, Rancho got bought by Tenneco, and has steadily become a "house brand" type shock, rather than the high performance shock they used to be back in the 80s. My guess is there is little to no difference between the Rancho offerings and Skyjacker, Superlift, and whomever else is making branded shocks these days. They may even be produced on the same assembly lines, but I can't speak intelligently to who is produced where. Rancho is still good kit, but it's not Bilstein, and there's a reason Bilstein is known as the best standard style shocks out there.