Wow! Thanx Bob... That was alot of good info.

Update:
01/03/09
Got on the phn. with the General Manager where the jeep was bought from and had a lengthy convo! He brought the rep in on a 3 way call and wanted to get to the bottom of this noise.
01/05/09
Met GM at 9 am today to have him listen to the noise. He concluded that the rep stateing it is clutch/ trans was incorrect and that it is def... drive line and / or suspension related. Schedual for repairs Sat. morning to resolve this issue. He will be waiting personally for the jeep at 6:45am....Xing fingers.
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C.