I am convinced we need an armoured LUVW for what has become known as "mud recce."
Recce need some survivability should it become compromised. Something along the lines of the VBL or Fennick would provide protection from small arms, MG, and fragmentation. This is not much protection, but it may make the difference in a chance encounter with enemy infantry.
Fire power is also required (but not much). Being able to suppress an enemy with MG fire may allow a recce vehicle to break contact. In an ATV, there is only a driver who cannot shoot & move at the same time (this means he cannot suppress the enemy and break contact). In a ALUVW or LUVW the driver can manoeuvre the vehicle out of contact while the gunner suppresses the threat with GPMG fire.
One or two fire & forget AT missiles in a patrol would be good in environments where armour is a big threat. This number is not enough to engage in offensive acts, but may be enough to allow a recce driver to break contact after the gunner has fired.
An ATV is not amphibious, an ALUVW could be (depending on what we would buy).