So my woes keep getting worse.

I drove the Jeep the two hours back home tonight and the front driveshaft may in deed need to be replaced (which after actually getting to see it finally is doubtful), however, about half way home I rolled through a town that I had to slow down for. I did the usual slow down from 60-30mph but then the light in this little town changed and I needed to slow down. I let the engine and transmission do it so hopefully by the time I got there, it would be green again. When I got to 15-20 mph it happened, the noise is back. Eureka, sort of! It was downshifting when the horrendous grinding noise started and it started clicking!
So I immediately called my mechanic friend and talked through it. Here is what we now think.
There is likely a "sprag (sp?) clutch that is likely going bad for a gear or many gears but it makes sense that it would do this at lower speeds thus when and where I'd hear it most. Also, it is free in one direction and locks in the other, thus potentially explaining the POP and maybe the "ticking" I was hearing. I thought I was hearing it from the front right, but the "vantriliquism" that was happening was because it was happening right under my shifter but I was thinking it was farther away.
We both thought it weird that after we both looked at the removed driveshaft tonight and it seemed like one end MIGHT click, the other end seemed just fine.
Anyone experience this before? I'm having my mechanic take the tranny pan off to check for metal shavings to verify our thoughts, but it both seemed odd to us that the front drive shaft would produce a grinding, especially one that was closer in line with a brake, hub, t-case or related symptoms.
In my estimation, it could be very likely that other things need to be replaced, but with the front drive shaft out and our recent discovery, it is also pretty clear there is something pretty major going on.
I know it isn't over yet, but this sounds like it could get expensive! Anyone want to by a 2003 Liberty Limited with a bad tranny?

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"The power of imagination makes us infinite" - John MuirDD Ride03 Limited KJ
Toy: 1961 Ford Fairlane
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