Last time I checked Dex III is ATF.
And the patent on DEX III expired in 06, so if you notice there is no longer a DEX III fluid avaiulable any longer and only compatible with DEX III fluid. GM changed teh name of it to manual trans/transfer case oil when teh patent expired. As for the smurf oil, I believe it was reccomended NOT to run it in a 261XHD/263XHD transfer case by GM according to a TSB I read a few years back. I believe the smurf oil is actually a 0W20 type oil where as ATF was closer to a 5W20-5W30 viscosity. Not to mention that blue smurf oil is pricey even compared to most synthetic's.