I also have the Powertax No-Slip in my jeep and couldn't be happier.
In order to understand how they're getting away with this, we need to understand how a Lunchbox (also called an Ausie or Spartan Locker) works.
Both the Lunchbox and No-Slip lockers operate under the same principle: When torque is applied to the carrier, the center section (cam gears) of the locker is forced into the axle gears via a large pin that sets into an oblong hole (see video below)
View attachment 321058
The video below shows how the lunchbox locker repeatedly engages and dis-engages. This is what gives the locker it's well known clicking sound.
View attachment 321059
The Powertrax No-Slip works the same way, except they have installed a spacer that physically holds the center section (cam gear or Driver in this diagram) in while the locker dis-engages, preventing it from repeatedly engaging and dis-engaging like the Lunchbox.
View attachment 321060
This video shows the center section (cam gear) in action being held back. There is some clicking noise present in this video, but once the locker is sufficiently lubed in gear oil, it becomes virtually silent.
View attachment 321061
Hope this helps.