Okay, as someone who has had M113A3(+) in his MTOE (slat armor, cupolas, BFT, etc). They suck. They were okay in the 1960's. They're a pretty flexible vehicle. Spare parts are available.
But let's not overlook:
1) The ride absolutely sucks. The infantry hate it. The only thing I liked was the ability for the infantry to open the top hatches and scan.
2) The armor isn't that great, and the slat armor makes it just as unwieldly in urban terrain as the Stryker. Additionally, there's no top protection worth mentioning.
3) They're severely underpowered with all that armor added
4) They're slow, on a good day with all that armor you might reach a screaming 15-20 mph, if your engine doesn't overheat.
5) They break A LOT more than any other vehicle I had, including M1 tanks.
6) Funny thing happened on the way to the up-armoring plant. The ramp pump burned out on every one because it couldn't lift the troop door with that extra armor. so the soldiers had to often use the troop hatch to exit, not exactly rapid deployable infantry.
Now some of that could be resolved with R&D and upgrades, but the M113 is simply a product of the 1950's whose time is past.. Having had M113A3+'s in my MTOE and worked around Strykers, I'll take the stryker for the COIN/LIC mission. And a M2 Bradley was by far the most flexible and useful vehicle in my menu during OIF. Firepower, troop capacity (low, but enough), and armor.
I think there was a thread about the wingnut who was the M113 "Gavin" advocate and fanboy ....
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