most of the time if I have the space I would set a pull line, though I got smart and use a BigShot so I don't need to climb them as much anymore.
However, I don't always have anything to rig too, as I don't always have flat ground, or an anchor to work with, or its simply faster to use a jack, as rigging a tree takes at least an hour (I generally work alone).
As for whether or not a 20 ton is overkill, lately I've been falling timber that is right around 190' and 50" at the butt cut, that jack takes a heluva lot of the work out of beating wedges, and a smaller jack would of just quit, even the 20ton will max out on some of these trees, and these aren't even back leaning all that hard, it just takes a lot of grunt to get them to lift.
That said, even on smaller timber the 20ton isn't always enough, the tree I described above (that bent both jack handles) was only about 120' and 40" on the butt, it was just limb heavy on the wrong side, even with 2 jacks working it, I still had to jack a little then beat some wedges repeat for 2 hours, and no, a pull line was out of the question, as there was no where to pull from let alone anchor too as it was on the end of a ridge, steep ground on 3 sides of it, with a road and power lines on 2 sides, though this story is not the norm, mostly the jacks come in for trees that have a back lean, simply because they save effort vs wedging, and it only takes a few minutes to set the jack up.
Sometimes however, the jacks can be a life saver, you find yourself cutting up some tall timber, but the wind picks up even a little bit, suddenly that tree with good positive lean, or even just a slight back lean... is getting blown hard the other way, you've already cut it up, so climbing isnt' an option and rigging it is only slightly less dangerous, so a jack it is, you can put a lot more force on a jack then you ever will banging wedges. OR in the same train of thought, you screwed up and now the tree has sat back on you, you'll never get a wedge started so go get the jack so you can lift it up and over.