While I would be the first to say that "best" is 100% subjective, I'm pretty sure that the OP was asking for opinions on that and not "cheap". Doing this will work but, for his budge and what he's wanting, I personally wouldn't recommend going this route.
Regarding MTR's, I love the way they look and so wanted to love the sit I had but try as I had, they ended up being the worst set of tires I have ever run and wouldn't recommend them to anyone. They are tough to balance, had poor road manners, unpredictable on the rocks and have very weak sidewalls compared to something like a Nitto Trail Grappler or Toyo MT.
I have installed and tested a myriad of lifts on my JK's and would still stand by my original suggestion, an EVO Enforcer kit. By far one of the most comfortable rides you can get bar none.