There are others out there making an attempt, like the Nissan Xterra (rear locker, Bilstein shocks, 32" tires, etc) and if you can resist clicking on the chrome mirrors, grille and recovery loops, you can get the H3 with some impressive gear.
To me, IFS is not unto itself a deal breaker if it can be bandaided with gears, lockers, cool engines or bigger tires. :D