With your transfer case, when you're in either 4HI or 4LO, both front and rear driveshafts are turned in unison. They are connected by hard gears, not a planetary differential that allows them to turn independently (wheras differentials assure that the TOTAL rotational output of both sides is equal to the input, such as in turns where the inside and outside (and front to back) go slightly different distances.
As Tom points out, if you have more than 0 spinning wheels per axle, you're still stuck. Each spinning wheel effectively uses all the (total) power for that driven axle.
Dan
_________________

2005 Silver CRD Limited

245/75R16 GoodYear Duratracs
Fumoto drain | ProVent CCV Filter
Stanadyne FM100 filter | Cummins fuel pump
GDE Eco | SEGR | BoulderBars | FrankenLift | Frankenskids