All the facts are correct. Locked transfer cases are old school but not a PITA.
My TJR is has a locked transfer case but with shift on the fly it is as easy as gearing down an automatic transmission.
Then comes why go from 4WD to 2WD when finding dry pavement.... This is a myth busters topic. In todays 4WDs with equal front axle, rear axle ratios there is no reason to change to 2WD especially on the highway. I do it all day long, 4WD over ice, compact, slush and dry pavement. The only time 4WD is a bad choice is parking between two BMWs at WalMart when the locked transfer case will try to push you in a straight line. Or turning into the parking lot or turning a corner on ice.
But will you break anything in 4WD on dry pavement... NO.... watch rock Crawlers on granite.... granite is like glue if something was going to break it would break there as everything is locked up and frames are articulating.... Look at the black rubber that skids off on slick rock. Go into a parking lot, shift into 4WD and do figure 8s. Yes the driveline will bind, wheels will hop and skid but if anything breaks you bought a crap 4x4.... I have done this with my Rubicon and all that happens is I wear a bit of rubber off the tires. On the highway there is zero concern, your only concern is as you turn into a parking stall or parking lot.... use the convenience of Shift on the Fly so you won't plow in a straight line.
Not to say I'd not like a full time transfer case but part time is just different, not bad.
This might be my favourite transfer case.
View attachment 766726