The NP208 was the older version of the part time NP231 in the same way the 229 was the older version of the full time 249. Historically the NP208 was available as an option to Full Size Jeep buyers before the 229, but that doesn't mean one was an older design of the other. The first AMC Eagles had 219s even before FSJs were sold with NP208s. They also continued to offer the NP208 behind FSJ's with the manual transmission after the upscale wagoneers started to come standard with automatics and full time cases.
There are Jeep guys who consider the 231 an upgrade to the 242 because they think part time cases are stronger and because the XJ and ZJ front axles create nasty steering feedback when on dry roads and 4WD. For us Eagle owners driving a true All Wheel Drive car, it would be silly to install a 231 or 208 unless we have a solid axle swap like Regalwizard's old wagon. She liked her 208, but she was using the car to run differently and her front axle was dramatically different than stock.
The 242 is a great swap for an Eagle going to be used offroad occasionally. It gives you a capable open differential AWD that you can leave on. With any decent speed you can give some brake resistance and torque will transfer evenly where you want it. At slow speed you have a locked 4high and 4low that takes out the slip and makes for much better performance than a limited slip transfer case.
For a primarily on-road Eagle the best swap would be a 249 or even better a 247. Those are the improved version of the Eagle system. It is a limited slip differential that doesn't work too well in very slow and very slippery conditions like the locked mode of the 242, but it does work a little bit better at speed than the 242s full time mode. The 249 is still an obsolete viscous coupling design, and it was replaced by the 247 that works better and faster in every category. Both have locked low ranges except for the first years of 249s, which are open differentials in low range and should be avoided.
The 249 and 247 work well offroad too, but I wouldn't use them in a car you intend to offroad occasionally because the limited slips wear out and are expensive to replace. They don't make viscous fluid anymore because it is toxic, so the only 249 couplers available are New Old Stock costing about $250 now. The 249 cannot put power to the wheels when the viscous coupling wears out.
Okay, now I'm getting confused (and I know these tcases quite well)
Timeline: FSJs 80-82 came with NP219 (Quadratrack, but not the Borg Warner version. IFSJA guys call it a Quasi-trak) or NP208 (Commandtrac)
83-88 option NP208
83-91 NP229 except '86ish when they used NP228 (both are Selectrac)
Timeline: Eagles 80-82 NP119 aka AWD (really single speed version of Quasi-trak)
83-88 NP129 with NP128 '86ish Selectrac.
No Commandtrac version for Eagles, but CJ10A tugs had a NP108 which was locked in low range. (with Nissan SD33 diesel and 727 trans)
PS: I have a NP219 for sale.
(and a 401 for $750, and maybe a 727) Also have some used NP129 viscous couplers for $50 apiece. (I guess I need to post an ad, huh?)