Even STeven, is that you posting over there??
The comparison between QDII and ATRAC is a tough one! From what i have read, it is better than the old QD system. Here are some links of the horrible QDI system:
http://md.co.za/jeep/
http://md.co.za/jeep/video.htm
QDII is supposedly more effective. However, there's a catch. Yes, IN THEORY, the ELSD/QDII can "pseudo-lock" an axle, thereby similating a locker. Why only in theory? Well, like QDI, there must be a way for it to unlock when you're making a turn or when there is too much stress on the differential. The only difference (my guess) between QDI and QDII is that QDII uses an electronic brain which integrates your steering and throttle to the QD system. QDI uses a bypass valve to release pressure when stress on the differential is too high (e.g. while turning or when one wheel is on ice and the other on high friction surface). QDII uses electronics to monitor when the wheels are turned or when to disengage due to excess stress.
Why is this bad? Well, if you're off-roading, then you do not want the system to think for you. You do not want to crawl up a rockledge and all of a sudden the electronic brain disengages your locker because your steering wheel is turned or that there is too much load on the rear diff. This was what was happening to the QDI system...too much load/stress and the system disengages it's clutch packs...which means, you're screwed.
Ahh, clutch packs. The problem with clutch packs in a differential or transfer case is the wear-and-tear. Clutch packs wear with use. Clutch packs require maintenance, such as changing differential fluid often. esp. if you use it often, thus leading to heat buildup which shortens the life of the fluid. Therefore, you do not see any experienced off-roader with clutch-pack LSD or lockers. What you do see are GEAR-based LSD (Torsen) or lockers (ARB, Rubicon's, G500).
So, in conclusion, although it can IN THEORY route 100% of power to any one wheel, it does not do it faithfully. And as QDI system showed, Jeep lies about their 4wd systems. The ONLY system that i do respect from Jeep is the one in the Rubicons. Thus, i do agree with that 4runner guy on the Commander forum...both systems are pretty much equivalent...both are equivalent to LSDs. Despite what Jeep claims, QDII is still a bunch of clutch-pack LSDs.
Hope this helps.