Think I may be selling my defender soon as I need some money in the near future and I got a lot tied up in what is essentially a toy... but I shall be getting something else, it will be a green laner/minor expedition vehicle as I don't really do many P'n'P's anyway, not decided what yet but my current top choices are:
Disco2 4.0 V8 - noticed these have dropped below £2000 now and it would be nice to have the comfort of the Disco2, the lack of rust (as long as chassis is OK) and V8 power!!!
Shogun 2.8TDi SWB - Really like shoguns and the spec is great, rear locker as standard, all guards/shields, mounting point for winches already in place, water tight! Only let down by front drive shafts and lack of parts available, I do have one major advantage which is a Mitsu trained 4x4 specialist working for me who knows these inside and out
Some sort of old series - prices are a lot lower but they are old, weak axles, weak engines e.t.c. and windy, damp old beasts
I can help but think a Shogun would be the best budget 4x4, OK the front suspension doesn't get the articulation but the rear does and its got a locker anyway plus they drive better on road, are infinitely more reliable and look the part as well, that said a Disco is no slouch, easy to maintain and a Disco2 has some nice comforts plus V8 POWER!!!