Wow, this is a very complex question.
The Lynx had it's pluses. It was excellent cross country, it could go through worse terrain than the M113, mostly because it was light in the front, the engine and transmission being in the rear. As a result, the Lynx could find itself some very good positions to observe from. It also had a low silhouette, which also was a big plus.
Minuses included a rather loud engine and track noise, weak armour, and a poor weapons fit.
The Lynx could have been better. We mounted the M2 HMG that were in storage after we stopped flying the Sabres. The cupola was designed for a 20mm. However, we had loads of 50's, and no 20mm, so the decision was made.
I liked the Dutch version better, especially after they upgraded them. They had the central cupola for the commander, and the driver had a steering bar, fuel and brake pedal instead of the tiller bars we had. They also had a five speed Allison transmission, instead of the three speed we had.
The Ferret was a good companion for the Lynx, and we should have employed them together. The Ferret was very fast, and could clear routes and so on quickly. It wasn't anywhere near as good as the Lynx cross country, however. It had better armour than the lynx, but only had the GPMG for armament. It had absolutely no storage room, so all the kit, including personal kit, went outside. The Ferret also could not be closed up, as the commander had no hatch. This is quite nasty when artillery and/or bullets are flying. The Ferret was very small, however, and combined with it's speed and relatively good armour, it could normally get out of trouble pretty quickly.
The only vehicle that equals the Lynx's capabilities nowadays, in my opinion, is the Weisel, which is an outstanding vehicle!