Yes, it's a more basic version of the 120 series. Narrower tyres on steel wheels so no plastic wheel arch flares, basic upholstery, no colour coded bumpers, mirrors etc. The front end is still IFS unfortunately.
We've seen several in the Pyrenees and in Morocco.
We've got a regular EU spec 120 and they're better than most folks think. 160,000 hard miles and still going strong. The front end is a bit weak and for heavy duty off-road use you should double skin the front inner wings.
The D4D engine has plenty power. A known fault is the copper injector sealing washers which can corrode and leak causing oil contamination. Replacement aluminium washers are an easy remedy and normally done under warranty.
Another option is to import an commercial from Ireland. They come with back seats removed, loadbay installed, rear windows blanked. Beef up the suspension and you're good to go!
As the 120 has been replaced by the 150 they're very affordable.