I've been eye ballin' high clearance arms. I like the what the achieve without lifting the vehicle. Personally I prefer to keep my machine low, as I like to do some high speed drifting, when the opportunity presents itself, but at the same time, I like to be able to crawl over some obstacles too. HC arms fit my needs, but they are relatively low on my priority list.
Both will give you what your looking for if your a arms are arched a arms. They won't add a ton of clearance but sure will add some especially for rut. Lift kit obliviously will add some clearance. What are you wanting more clearance for? Why not purchase both?