Sounds like a fair plan . Drove mine in mondo for almost a year, just don't expect it to give you the traction you get in 4x4 and you should be fine. Just watch out for wet roundabouts !
Hey Will, I genuinely don't get this comment on road holding - mine has slightly wider tyres and spot on alignment and it is fine in mondo. This understeer thing is a myth!
As we know FL1 is only 4x4 when fronts slip - the illusion of traction is the dragging effect of the vcu.