They aren't cheap to run so lets get that straight, they don't rust at all unlike the d2 which you can hoover up after a few years
Parts are cheap but as with al LR's they have an achilles heal which is certain electronic components, again not bank breaking expense but still to consider.
Engines are huge debate
many favour the 2.5 Diesel but it's slow not that economical and TBH V8's are better regardless
Petrol has a torque and HP advantage and they're smooth and refined..
Downside is they can drop cylinder liners if overheated, and HG's can be a problem but with it being an OHV old V8 changing a headgasket is a 5min job.
And there is so much space under the bonnet that pulling an engine is easily achievable in a weekend if need be.
So to sum up..
Can have electrical issues.
Doesn't rust..
Good looking
MPG is hilariously bad..
etc etc.
It really depends on whether you want to live with a welder in your hand or a piece of diagnostic equipment..