In order to brand an oil as Dexron or Mercon, it has to meet the minimum specs for those products. If a fluid happens to meet the specs for both, then it can be marketed as both. I suspect the viscosity requirements for Dexron and Mercon are close enough that it's possible to meet both specs with a single oil. Then it becomes a matter of using additives such as friction modifiers to meet the other requirements.
Back in the seventies, the specs for the original Dexron and Ford Type F were quite different, as were the transmission designs of the two manufacturers. These days, Ford and GM actually collaborate on transmission designs, so it's only natural that their transmission fluid specs would be very similar.
As for synthetic gear oil in the differential, GM specifies the use of synthetic gear lube in its locking differentials, rather than using friction modifiers and frequent oil changes as in the past. Definitely use synthetic if you have a locking rear end, and it sure can't hurt to put it in a non-limited slip differential.
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Today's Featured Article - New Hitches For Your Old Tractor - by Chris Pratt. For this article, we are going to make the irrational and unlikely assumption that you purchased an older tractor that is in tip top shape and needs no immediate repairs other than an oil change and a good bath. To the newcomer planning to restore the machine, this means you have everything you need for the moment (something to sit in the shop and just look at for awhile while you read the books). To the newcomer that wants to get out and use the machine for field work, you may have already hit a major roadblock. That is the dreaded "proprietary hitch". With the exception of the
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