I recently had front driveshaft noise / vibrations. I could shake the shaft with my hands and make it rattle.
So I went to the junk yard & pulled one. I figured I might as well change the U joints and I did.
Then I started to check out my old shaft. I saw that there is a zerk fitting on it and I just got a new grease gun so I figured I would test it out.
I started pumping away and the drive shaft started extending at the slip yoke. Finally the yoke popped off because I "Hydrolocked" by putting too much grease in. I couldn't get the yoke back in unless I scooped all the extra grease out.
Then, when I finally got enough grease out to slip the yoke all the way in, there was no more play in it. No rattle, no movement what so ever.
I figure it will do fine for a spare.
The point being your slip yoke might not be ruined, it might only need a little grease (but not too much!)