Oh boy
the differences between Command Trac and Select-trac are:
Command Trac is a regular 2 speed transfer case that is to be used part time and really only in low traction, this is because the front and rear driveshafts have to turn at the same rate.
Select trac is a 2 speed transfer case, but it has a FULL-TIME position, which you can use all the time if you wish, it allows for some variances between front and rear driveshafts. (i think it uses a viscous coupler)
Limited SLip (aka Posi-traction), is a traction deviece that is in the differentials that takes the place of convential spider gears. it allows from some slippage from side for turning. It can still allow for big differences in tire rotation.
and one wheel peel on lots of stock vehicles is caused by by an open differential (conventional spider gears) and since torque is lazy it takes the path of least resistance, hence the wheel you don't want spinning spins, and the wheel you wish was spinning does nothing.