Tom, Bill, Steve, Dave.... Do you guys see the A/T vs. M/T argument in the same light at Nay? Would I be happier with one vs the other. Remember, 85% Daily Driver. Some long highway, mostly stop and go for my 15 minute in city commute.
Yes... and no...
Yes: The Red Chili is shod with MT/Rs. I like the way they handle in ice, snow, offroad, and for the most part on the highway. They are almost round this time, but that has been a bit of a challenge. MT/Rs have had quite a bit of quality variableness lately, and it took me two sets to get round ones. I would be interested in Toyos next go round for this reason. I use the Chili for wheeling, but also towing a camper to Wyoming and Utah and hunting or CM. So highway matters too. Swampers would never work for me. My goal is more expedition than rock crawling.
No: The BlackBean, a Taco, is shod with 33/10.50x15 BFG ATs. They have good clearance, they were free (I won them in a radio contest, go figger), they almost clear everything due to being pizza cutters, they are quiet on the highway, they do not impact mpg too badly, they will last a good long time compared to MT/Rs. This is my daily driver vehicle. They are just OK on ice, the MT/Rs are actually better. Some report experiences at odds with mine regarding this. They work OK.
No: The Green Chili, a 97 4Runner, is my wife's daily driver. It has largish 285/75R16 BFG ATs. They look pretty good on it, and they work pretty well. I had BFG ATs (smaller) when I had to take it to Cruise Moab in 2005 because the Red Chili was undergoing a motor swap. They did just fine on the slickrock, and wet sand/mud. The big decisionmaker here is mileage and highway comfort. Even ATs wore out too fast (my wife drives a lot).
So what you can take from this is, it depends. You have to decide based on intended usage and pocketbook.