lvm+ext3 vs ext3 recovery
When it comes to recovering data from a hosed disk or system, straight ext3 will be slightly easier than LVM+ext3, simply because it adds a bit of additional complexity and your recovery tools need to be LVM aware.
However, LVM gives you significantly increased flexibility and is nearly always justified in my opinion. It can also make backups a lot easier and more reliable (LVM snapshots are really handy for backup purposes).
Having dealt with both, I didn't think the slight added difficulty of LVM was enough to rule it out, and when you factor in the advantages of LVM. . . well, I generally won't build a box without LVM unless I have a really good reason.
Easier with lvm+ext3 versus ext3 on a partition. Consider losing the LVM headers vs losing partition tables. The LVM headers are backed up on the root filesystem. The partition table is not backed up anywhere.
If you save a copy of the partition table manually, it is easy to replace. But if you must restore on a default setup with no special backups, you can restore LVM's backups of the metadata. The commands to do so might be strange and confusing, but you can find reference to them by doing websearches.
If the partition table is easy to guess but you don't have an actual backup of it, you're probably at about the same level of complexity as restoring LVM headers from the backups that it keeps on its own.
If you have LVM PV headers that are not corrupted, it is much easier to find your data versus finding it on partition tables. (If you have many devices).