In theory you would have max up and down travel in the same direction but a sway bar can limit the amount of droop.
Since the only thing Ford lists different right now is the sway bar disconnect I assume it limits full down travel.
Edit: It could also be that the Badlands gets shocks which...
More articulation = more travel.
But don’t believe me. Read this article.
“disconnecting the sway bar can give you a lot more wheel travel then when it’s engaged as it would be for road driving”
I agree Ford had to have thought about the camera placement or that’s a huge oversight.
If a factory installed(assuming a winch will be a option) part negates the use of the camera that would be crazy.