The ability of the lift to raise the collet high enough to reach with regular wrenches is a limitation of the router, not the lift.
If the collet is too stubby, with the motor housing nearly touching the underside of the plate the collet will still not be adequately exposed. Bent wrenches are a solution to this.
Freud routers had very long arbor/collet setups but these are no longer made. My Milwaukee 5625, like the PC 7518, has a bit of a stubby arbor/collet/nut setup. Still very reachable on the Woodpecker PRL (v1) model which was designed for the 5625.
Your router