Rmscout:
GM has recommended atf, or a type of atf for transfer cases for some time, and it seems to be working ok in them. I'm not sure if there is a different design or what it might be, but atf, especially the ones made for standard automotive use, including the dexron (a GM variety) do not include very much ep additives. The swepco 714-20 atf, however has a huge amount of ep additives in it, and many people have used it in the transfer cases, however if the case calls for a gear oil type lubricant, you should use gear oil, and our first recommendation would be the 210-80w140, which you can also use in the manual transmission and the differential thus utilizing the "k.I.s.s." principle.
I will not comment on how long the valvoline can be run without changing as it is not a swepco product, but providing it does not get contaminated with dirt or water, the two killers of gear oil, especially in differentials, it will probably be ok for awhile with regular checking....just make sure you didn't just get your monies worth!
Dick floryanowich
df sales & marketing