It did OK. The pictures were taken at a Land Cruiser club off road event that I help to organise. Unfortunately because I spend most of the event weekend running things I don't get much time to play, just a quick drive round while setting things up.
Here is a link to a thread about the weekend for those who are interested
http://www.landcruiserclub.net/forums/showthread.php/49195-Lincomb-September-7th-8th The pictures start about page 13.
The ground clearance of the 404 certainly helped lots with one of the bog holes on the site, the relative lack of power did not seem to be a problem. I did not get the chance to try the big hill climb that is on site. If you read the above thread you will see reference to "the hill" otherwise known as Rubie Hill. It is called this because the land owner said it was an impossible climb without a winch, apparently people had been trying for years and nobody had done it. I was the first one to do it in my modified 80 series Land Cruiser. The hill was then named after me!
Ian