I think the H2 is just plain stupid. I'm sure it's quite a capable vehicle, but it's just a beefed up Tahoe. The people who drive them are just doing it for the image. There's a real estate agent who drives one in my building, now he's got a big for sale sign on it,
The H1 is pretty bad ass, and it has its place. It's pretty kick ass off-road because the military wanted it for that. (inboard brakes, high ground clearance, gear reduction hubs, ect). The H2 has none of that. Of course there's people who drive the H1 that shouldn't either. I could see having one if you were a serious off-roader or you had a large farm or construction business that would need something like that. If you have one of those though, you'll buy something for durability, not image. And of course, you could buy a couple heavy duty pickups for that price.
As for me, I drive a 1/2 Dodge 4x4 pickup. It's probably a little more than I need, but I actually do use it quite a bit. I own an interest in part of the family farm, so I'm out there on some weekends, and I'm usually the one who ends up hauling cattle. I've helped quite a few people move, including myself. My toolbox from work weighs about 800 lbs, wouldn't do too well in a car. I like having a full size truck because it'll haul a lot of things that mid-size trucks and SUV's won't. It does eat a lot of gas, but a hell of a lot less than those H2's, even when towing.
Anyway, that's my two cents