I'm not old, honest...
I'm willing to have this debate any time. oke::bdr2::naughty::woot: I would argue that anyone saying this is not a good idea has never towed this way and/or never had a strap come loose that is pulling in one direction only.18' + 2' with 5000 lb axles will be able to haul anything you can think of short of 2 vehicles. (Think beyond vehicles...20' 2x6 or stick of DOM etc..) A 14' trailer will only being able to hold a jeep and only be able to strap over the tires (I'm not a fan of doing that).
My TJ with a 67" wide axle and 10.5" wide tires is 80" overall width. I personally would make sure there is 82" between the fenders, or get them removable.
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Oh, and by the way, you can still strap it down conventionally if you want.