Basically what most welded diff owners do is run one axle on the road and two off the road. To do this we basically cut the LH diff stub about 5mm shorter to facilitate easier removal and installation of the axle, and all three of the stubs I have broken in my wagon have been RH stubs...
On the road you drive around with one axle in, granted it really is only a 3WD then, but when turning a corner or say, pulling into a servo to fill up your rear tyres won't be having a squeaky conversation with each other. That and people won't compare your Brumby to a Gemini.
When you go off the road you'll need to put your second axle in. You'll need to jack up the LH side to line up splines by spinning the wheel, and you'll need one CV pin on the diff side (never needed to run one on the wheel side) Jonno from WA keeps a CV pin slightly tapped into his axle ready to pop in at any time. My method is a little more mad, I basically slide a 6mm split pin in by hand and bend it over. However you want to do it is the best way, but remember time is of the essence
Yes it does take a little longer to do than locking a set of freewheeling hubs. So if you do go 4WDing with "real" 4WDs, you may want to pop the axle in before you leave home. Driving with both axles in on the road causes the car to understeer a little more everywhere and causes the axles / stubs to stress and eventually break under low speed cornering.
Off the road the diff is a revelation. Much better than any LSD, doesn't matter if a wheel is in the air or what, you'll always have rear drive. I've watched both viscous and clutch pack LSD's slip like crazy off the road, and it makes me glad I for the onroad sacrafice.
Definitely cheaper in the short term too, although I would recommend getting a pair of rear axles as spares just in case.