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Well, depends on your transfer case, but prolly normal, yeah.
My '205 is a fresh rebuild and makes a serious high pitch gear whine in low, especially in 4:1.
If you have a 203 or 208/241, i.e. a chain-drive case, I'd be more worried if you heard whirrrr-chunk-whirrr-clunk, which would indicate the chain slopping around or doing some other evil thing.