Dirty Harry
Adventurer
Interesting observation, I have found that the old 6.2L diesels were severely underpowered but got excellent fuel mileage. We don't have nearly the variety of diesels in the US (particularly small diesels) that you have in Australia though so that is my only real experience with a naturally aspirated diesel.
As for the 12 valve versus 24 valve, yes, the older engines are much easier to work on since they are all mechanical. They have enormous power potential as well, however lacking computer controls you really have to choose between power OR mileage it seems. They are capable of either but not both. For expedition use I would be inclined to get the older 12 valve, less expensive and simpler if you need to fix it in the bush.
As for the 12 valve versus 24 valve, yes, the older engines are much easier to work on since they are all mechanical. They have enormous power potential as well, however lacking computer controls you really have to choose between power OR mileage it seems. They are capable of either but not both. For expedition use I would be inclined to get the older 12 valve, less expensive and simpler if you need to fix it in the bush.