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I also see no need to rebuild the transfer case when all it needs is a seal or two.
I pulled the transfer case on my Suburban and replaced all three seals for less than $40. Kind of a bear getting it back in, but I did it lying on my back with the TC balanced on my gut.
You know .... besides the way that's being used (pretty shrewd I think) ..... I also really like that telescopic safety lock ...... don't see that on many portable shop hoists!