Well, that answers my initial question.
Which one is more capable (diesel vs gasoline) depends on what capabilities you're looking for: if you want to tow or haul weight or crawl over technical terrain, arguably a diesel does provide better performance, which is not to say that a gasoline engine can't perform the same tasks.
I understand how torque relates to horsepower. The reason low-end torque is so highly coveted by many 4x4 and truck owners (and thus the reason why diesel still has a large consumer base) is because low-end torque translates into more usable horsepower at lower RPM's, which is the part of the RPM band that is more relevant to truck-like applications (towing, hauling, 4x4 driving, ect.). Again, that's not to say that gasoline engines can't perform the same functions; in fact, the more dedicated truck gasoline engines try to replicate that low-end torque (turbo charging, large displacement). But the driving characteristics are still different between gasoline and diesel in that regard.
Nothing wrong with downshifting by the way. I'm just pointing out that high-reving gasoline engine will generally require more down shifting to keep the RPM's where they need to be for useful power delivery, which is contrary to what you claimed earlier.
I'm not arguing for or against one engine type or the other...I'm merely disputing your claim that torque numbers are irrelevant. The torque numbers (and RPM) tell you how horsepower is delivered, which I consider to be very relevant for any truck or 4x4.