Power braking while trying to climb out (applying the brakes and throttling at the same time) is a great technique. A torque converter in an automatic transmission can have as much as a 3times torque multiplication, also the braking action will reduce wheel slip and shock loading thus being easier on the rest of the drive train, and allowing the engine to stay at a higher rpm and hopefully close to rated power output is massively beneficial. Also so long as you keep the fluid serviced and cool, nothing will "implode" while working an auto trans hard. In these cases an auto is actually far more resilient than a manual as clutches will slip and come apart when over loaded, autos will stall or over heat, both of which can be mitigated and neither is catastrophic so long as you dont push it.
Otherwise yes I agree, slow and steady is always good, and a lower final effective gear ratio is the best way to do that.
I hear ya but I prefer the correct gear with a solid connection. I've alway had manuals, never had anything go wrong with them. I've had maybe 5 automatics, 3 of them cratered needing major rebuilds and none of them ever left the highway. None of them were ever stressed towing or racing or..... I like simple, mechanical, bulletproof. I've never had a clutch slip or come apart and most of my cars, trucks, 4x4s have 300K miles before I sell them. I change fluids and that is it for maintenance.
On another note, we had a car that after its 12K mile warranty service they forgot to put oil in the tranny. That transmission without oil ran 1K miles before it locked in gear. Luckily 2nd gear so we limped home in 2nd gear. But until it locked in gear it performed like new for 1K miles. I doubt an automatic could do that. Crack the oil pan on an automatic and yer stranded.
That said, I'm obviously only buying used since there are only a few 4x4s with clutches.
But back to.... do I need 4LO..... only if you want or need to go real slow with more control.
On the note todays 8/9 speeds give deeper gearing.... no they don't, 1st in a 4/5 speed automatic is nearly identical to 1st in 8/9 speeds. The multiple gears let the engineers narrow the operating rpm of new computer controlled engines and keep them at the peak rpm for minimal emissions, maybe optimum fuel economy, and ready to shift if you need performance. Real easy to check the numbers, low range is usually a 2.72 torque multiplier. Do the math and you will see todays multi speeds atomatics are not comparable to a transfer case with 4LO.