Leaving it idling in 4th gear, I grabbed my creeper and went below:
Clutch and release bearing-ok
Transmission-ok (freshly rebuilt)
Transfer case-ok
Rear diff-ok
The culprit? The right-rear inner corner floorboard bolt is too long and the transfer case shift linkage is ting, tinging against it! Oh how foolish (and relieved I am). I backed out that bolt-silence! Buttoned everything back up and took a 3-mile test drive-no problem!
I am relieved to have solved this one without springing for another transfer case (which I just passed on one locally, rolling the dice that I'd find something else wrong instead).
Lessons learned:
1. Don't overlook the small details;
2. Don't let your project beat you-stay after it and think it through when you have a tough problem-you'll eventually get it figured out!

Gary