I've had two LC's. My dad has had LC's all the way from the 40 series upwards for the last 30 years. My first was a 60 with a stick gear which was great and then I bought an 80 with an auto box and while the 80 is an amazing truck, I simply hated the box. All our cars have been petrols, most of them 4.5L.
The 80 I had always felt up bottlenecked at speed. I compared it many times with my dad's 80 (a stick) and the difference was night and day. At some point I started running 33r15 and the auto became even less responsive (understandable though).
There was a time when water seeped into the auto box as the car stalled when fording a deep river and I could only make the oil change two days after when we reached civilization. All kind of problems started showing up with the box to the point I bought a brand new box from toyota.
Then I fitted a trd supercharger and it was awful when paired with the auto. The car would rev to fast for the box to keep up, I would get box temp warning messages all the time. Not fun. In the end I gave up and sold it off.
In contrast we have had such a happy history with LC manual boxes. Reliable, zero fuss, takes a beating without hesitation and keeps on going strong day after day. We have had 70 series in the family that run so well with so little worry.
I do believe technology must be catching yp and auto boxes improving, but my experience with them is that for inclement off roading, there are much better options.
It doesn't help that my first car, a 1.3 toyota starlet, also suffered from reliability problems with it's auto box.
I gotta put a disclaimer that I used to be hard on my rides though..