arXiv:2506.03530v3 Announce Type: replace-cross Abstract: Multimodal foundation models have demonstrated impressive capabilities across diverse tasks. However, their potential as plug-and-play solutions for missing modality reconstruction remains underexplored. To bridge this gap, we identify and formalize three potential paradigms for missing modality reconstruction, and perform a comprehensive evaluation across these paradigms, covering 42 model variants in terms of reconstruction accuracy and adaptability to downstream tasks. Our analysis reveals that current foundation models often fall sh

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