I don't mean to start one of those overly technical debates, but I am not sure how anything is better than 3 locked diffs, at least from the point of view of traction. All those fancy electric and sensing doo-dads I think are useful, but they just seem to be making it easier to hop from high traction surfaces to low ones and back again, without having to shift levers and lock hubs etc. Not sure I see how a fully locked 4WD gets stuck because it has two wheels in the mud. Any case, the reality is that if you try hard enough you can get anything stuck, and will at some point. So nothing's infallible, and mostly it's about how you use the equipment.
It wouldn't ... but that's is only any good in the hands of someone that knows how to use it competently. On the 4wd forums, the air lockers seem to cause endless issues (or maybe it's just people with problems that ever post about them). I'm thinking, anyone can turn a steering, with zero offroading experience (ie: 99.999% of 4wd owners) would be far better off with torque biasing diffs rather than locking (ie: dangerous, will stop the vehicle turning) diffs.
seeya,
Shane L.