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2016 Toyota Tacoma: Seat Folding Maximizes Cargo Capacity

It should be no surprise that my vote goes to the Tacoma's backseat folding strategy. The resulting flat surface and considerably lower loading height makes it much more functional. And it's hard to argue with two types of hidden bins that add up to more total cubby storage. Midsize trucks don't have as much interior space to work with as full size trucks do. It pays to make every cubic foot count.
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But be honest and admit that in order to not have to slide the Tacoma's driver's seat forward, you had to remove the rear seat headrest, which you don't mention and you don't show the headrest in the stowage position in the folded-forward seat bottom. In order to fold the Toyota's rear down the way the Colorado's was folded in that photo, with the rear headrest in place, you would have had to scoot the driver's seat forward at LEAST eight inches. You use the term, "apples to apples comparison," but you are not making one.
That is the weak link in the flip-forward rear seat bottom design...the lower hinge point for the rear seatback makes for a much longer seatback that reaches further forward when folded, meaning that you have to remove the headrests to fold the seats any time the driver's seat isn't all the way forward and bolt upright.
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Oh and I rode in a Diesel Colorado yesterday. It was pretty smooth and quiet but such a dog over about 40 with no load (its a 4WD) I would hate to be towing on the freeway with a big load.
Anything that would need to be prevented from sliding around or tipping, or that was dirty on the bottom, I would much rather place on the floor, on some good floor mats, rather than on the folded-forward seatback in either vehicle.
I have two hatchbacks...one with the Toyota's layout and one with the Chevy's. There are advantages to both setups.