This has been debated on TTORA a few times, and I'm not really sure there's a concrete conclusion (at least in my mind). What I can say is that Tacoma "TRAC" is disabled in 4-Lo + Diff Lock (without the mod), which I believe is different than the FJC which has ATRAC acting as an e-LSD for the front diff when the rear diff is locked. But if you hack the system in the Tacoma so that TRAC can be switched on in 4-Lo/Locked, then I'm of the opinion that its no different than A-TRAC. And that's simply because I can't convince myself that the #1 car maker in the world would install different computer systems in the two trucks. I think they've simply allowed the system to remain engaged with the locker in the FJC, using the principle that the locked rear diff will always spin at 50/50, so the computer will never interfere with that axle, and only apply e-LSD to the front axle.
But I could be wrong....