Larry, one thing to think about... Just having uber low gearing isn't all there is to it. I actually don't care for the 4:1 t-case in my TJ because it's only really useful in 1st gear to go really slow. If I want to move down the trail, I find that I'm rowing back to high range, as 5th gear low is only a tiny bit faster than 1st gear high. Back in high, I'm revving in 1st, or lugging in 2nd... I have no good gear spacing for the trail speed range that I run.
Sure, when I had 2.72 low range gearing in the T-case,I wished for a lower 1st gear a few times, but those times were a lot less often than the times I now wish I had a normal low range so I had a decent selection of gears for trail running.
If I were you, I'd think very seriously about an ORD Doubler. With the 4500, you have really wide gear spacing anyway, and 2:1, or 4:1 low should be good for trails, or for really getting your crawl on when you want to build your patience.
I think you'd probably find that 99% of the time, you're in single reduction low. I suppose the Atlas 4 speed is another option, but it seems like you have plenty of gear splits with a "3 speed" doubler setup.
Just my $0.02. And welcome back, I missed you!!!
I also though for a minute that you bought that 6cyl blazer that I linked for you a while back. It got down to $1000, but I just couldn't pull the trigger on another project.