Yes, it will work, just you will throw an SES code I believe for no ABS. If that is not a big deal then it's yours.
The chips are aparently minor. I was scared at first too. I had a buddy check it out. They are small very small missing teeth on the differential inside. I mean if worst came to worst you could technically replace the differential and be fine, but I think the diff has much more life in it (as long as no 5k clutch drops lol)
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