I bought a Heavy Duty 3 Point 2" Receiver from Tulga Fifth Wheel. I takes the same ball that I use with my truck. I also bought a ripper that mounts in the 2" receiver. Additionally the 3 point hitch receiver has a nice loop that I use to pull up small trees with a chain. Having all these work off the 3 point hitch makes it really versatile. It may not have the same lift range as the FEL but it still has a lot of lifting power. And moving a trailer around is more natural when the trailer is being towed instead of pushed with the ball in front of the tractor.
Just my experience so far.
DC