Have owned this vehicle since it was 1 year old (16,600 mi). Have had only one issue of note. The cam position switch failed, $200 repair and good to go. This has been and continues to be a good reliable vehicle. The gas mileage is horrible but the interior layout and design is nice. The quality of the interior components is not the best, the plastic will fail (esspecially with kids). However the parts are inexpensive to replace. Maybe I've been lucky, but I have had less problems with this than friends and family with 2002 Montero, and 2001 Tahoe.
Third seat and layout in the vehicle.
Better quality interior components including the stereo speakers. Improve the gas mileage.