...
BUT-This combo has worked a LOT BETTER on some terrain where I had the stock TRD wheel/BFG AT set up...PLUS, I'm getting INCREDIBLE wear on these (over 35-k and roughly 1/3 wear so far...with one rotation so far). I don't really do any serious "rock-crawling". I just traverse my own property which is hilly, a little rocky and sometimes muddy (with LOTS of trail pin stripes). I'm just careful not to bottom out hard.
I like the idea of having a beefier, less "penatratable" tire...think I'm way off base??
...
Maybe, but if they are working for you, good deal. For most, the point of an aired down off road tire is to be flexible. Off road terrain has texture, a softer tire better conforms to the contour, making for better traction and ride.
In off road driving everything is a compromise, the tire extremes: A car tire is very soft, ride well, can work well in soft stuff like sand where you don't want big lugs digging holes, they spread out and float well, but don't have enough strength for other types of wheeling. On the other end is stiff tires, they ride ruff, don't flex to terrain as well, so have less traction, need to be aired down much more to get close to the same flex, so rolling them off of the rim is more common, most have harder tread compound, less traction.
On the stronger cut/puncture thing the answer would be maybe.

Take say a 2" tall sharp projection (rock, root, limb, doesn't matter) and park a tire on it. A stiff or full air pressure tire will be fully on the point, the point load will be very high, chance of puncture very high. A softer, properly aired down tire will likely conform over it, with some/lots of the tread on the ground, giving much lower point load, so may survive.
There is no "best tire" and "all terrain" tires don't exist, the best tire for snow is very different from the best rock tire, which is very different than the best mud tire, etc. Ply count is good trivia, but tire performance is about the whole tire construction and how it works. The best way to pick a tire for your area is to go wheeling with a local club, big group and watch how different tires work in the terrain that you wheel in.