What size tires will you be running? 33" tires would be about 2900 RPM at 65 MPH. 31" tires will get you close to 3100 RPM at 65mph
One of our local board members created the 'definitive' gear ratio calculator:
http://www.grimmjeeper.com/gears.html
You can plug in different transmissions, transfer cases, gear ratios and tire sizes. It's pretty slick.
Back to the lockers. If you can afford selectable lockers that's usually the best way to go. Automatic lockers are nice, and less complicated too, so there is something to be said for that.
My friends point out that most of the weight during a hill climb is on the rear tires and less weight on the front tires. So it sounds logical you would want the locker on the rear. But.. With the weight on the rear tires there is less chance they will 'spin' a tire with an open carrier. With less weight on the front tires it's going to be easier to break one free and have it start spinning. Locking the front eliminates the possibility of the front from spinning and because there is more weight on the rear tires there is less chance one of them will spin too. My two cents. It's an on going discussion on internet boards and around campfires. Similar to ported vs manifold vacuum for distributor advance. Our local 4wd did a test with a few rigs that all had selectable lockers. They tried various obstacles with the front locked and then again with the rear. They came to the conclusion that front lockers are better. Hardly scientific but compelling. I agree about having a locker in the rear being most helpful if you are in 2wd.
I don't have much experience with slick mud. Here is AZ we don't have much mud to play in and when there is some the spots are usually not much bigger than the length of a rig. Running around on shelf roads and dry washes I am usually in 2wd low. I engage the front axle when I get to hill climbs or dry waterfalls.
In the mud I would 'think' you would want a front locker so that the tires would dig their own paths. If the front is 'open' and one tire starts to spin and the other one is stationary you kind of have to push the non-spinning tire through the mud. Just something to think about. Again, I am not an expert and I don't get to play in the mud much. I am sure the guys will pitch in their thoughts as well.