I would do it all day long!
What engine do you have in the 150?
The rear end and frame are built a little lighter,
But have you ever seen what grandmas ford use to haul?
The Fords of the 1960 and the engines were WAY smaller and hauled horses and all kinds of things all over the place.
Drop it down a gear and go for it,then when it blows up you can get a good Dodge and have a nice truck HA!