WOT is good and bad...from standstill it causes the most stress on the drivetrain so i wouldn't do this if it can be avoided, but when driving down the road it's been my exerience that it's very good for the engine to do this pretty regularly....my favourite place is merging into traffic on the highway from feeders because the truck is going fast enough that the drivetrain is not being overly stressed and it serves a purpose..well thats what i tell myself anyway

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i can't tell u the amount of vehicles where i work that go into the shop because the engine is using gas and not running right(missing, etc.) just because of running em at strictly low revs....i got everyone who asked my opinion to drive at higher RPM and of course accelerate at WOT and the problems dissapeared within a week or so in every case....
carbon builds up on the head and that causes nothing but problems...
i don't abuse vehicles usually(most of us break the tires loose now and then, don't we?) but i DO drive em....the rev limiter is there for a reason but being auto u will never hit the limiter before the tranny shifts if the truck is running properly....
my t100 has 211k on it and my lex has 195k miles and both run great..as a matter of fact when some coworkers got into my vehicles and saw the odomoter themselves and drove in the vehicles they went out and either got lex's or toys within a few months..matter of fact one of em is buying my t100

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Kevin