I've got a 2007 trance with 130 revelations up front and it seems like it can handle its self – guess you never know till it cracks.
I bought it as a complete from pauls cycles and just changed all the parts for my hardtail ones.
shame about the gold – http://www.paulscycles.co.uk/products.php?plid=m1b4s1p1290&tbv=GIANT_TRANCE_2_BIKES_Mountain_Bikes_-_Full_Suspension
mine: http://www.pinkbike.com/photo/3521305/
size small and saddle lowered for 4x action. (flies down redhill 4x track)
spec: 07 trance 3 frame 08 RS revelations dual air, 130mm Mavic XM719 on hope pro II wheels covered with high roller tyres, Hope M4 brakes, xt front mech, SRAM x7 rear mech, X7 shifters, ea70 bars, wellgo mg1 ti pedals, crappy truativ cranks, charge spoon saddle. 29lbs maybe?