Ok, here is the info on the HD output. It sounds like the tail housing itself is the same but the output shaft is stronger, 300M alloy.
Standard 32 Spline Atlas Tailhousing
The standard Atlas transfer case comes with a rear tailhousing that accepts a stock Jeep speedometer from Jeep vehicles 1987 & newer. Atlas units ordered for earlier Jeeps or other vehicles can order a mechanical drive speedometer housing. This housing is the same as an early style Jeep. To connect to this housing, a special cable fitting may be necessary. The speedometer provision on the Atlas also allows you to calibrate your speedometer for tire and gearing changes.
Heavy Duty 32 Spline Tailhousing
The HD Atlas rear tailhousing is basically the same as the standard housing with the exception on the output shaft. The output shaft in this tailhousing is manufactured out of 300M steel. This was introduced into our product line for a special aftermarket military vehicle. This high grade steel shaft is 130% stronger than our standard output. This kit is not necessary for most applications; however, for extreme horsepower and torque this Atlas HD tailhousing may be for you.