Just my opinion, but having operated off-road in Alaska for years, in deep water and deep bogs, I have never had a diff contaminated by water. I have, however, always had the axles vented through rubber line to a point as high on the vehicle as practical. The front diff is vented to a point just under the hood at the firewall, and the back diff is vented to the top of the roll cage outside my half-cab. No leakage.
I would not recommend pressurizing the axle housing. You invite leaks. I once had mud plug the body in the area where I used to vent the rear axle to, behind the taillight. The lack of venting caused a rise in pressure in the housing due to heat. Everytime I ran down the road, heat would build up and the axle seals would leak fluid. Once I removed the mud build up around teh vent, it stopped doing this. After that I moved the vent up to the 7 foot level to avoid all mud and water. No further issues.
Point is that the housings should be vented, not presurrized, and if properly sealed, won't leak water into the housing if the vent is terminated above the water line for your intended water crossing. Axles are generally very well sealed and would not leak water in unless they are also leaking fluid out. If yours don't leak fluid, any water contamination is coming from the vent. Raise the vent height and it won't be contaminated by water.
The 1/4 npt tap is a good way to go. Or, drill and braze in a short steel nipple such as brake line or other tubing of suitable strength, then clamp on a rubber line. I use rubber fuel line, as it is quite durable stuff.
GMc.