http://www.pirate4x4.com/tech/billavista/PR-BV60/index1b.html
Read that. Specifically this part:
[FONT=Arial, Helvetica, sans-serif]The little known FACT is, the material and how it is heat treated have NOTHING to do with how much the axle will twist under a given load. How much an axle will twist is determined by the torsional modulus of elasticity of the axle, which as you will recall from part 1 is a constant for all steels. This means that all axles, of the same size and profile (shape), under the same load will twist exactly the same amount. If you were to take identical Spicer OEM (SAE 1055), Moser (1541M), Dutchman (1541H), and Superior (4340) axles and chuck them in a torsional testing machine and apply the same load, you would see them all twist exactly the same amount. The difference is: depending on what steel or alloy they are made from, they will behave differently when that load is released. Recall the stress/strain diagrams and properties from Part 1a - The differnt steels and alloys have differnet mechanical properties and therefore stress/strain curves. the "better" alloy steels will have a much greater 'elastic range" and much greater yield strengths, meaning they will spring back unharmed to original size and shape where the lessers steels may not.[/FONT]
[FONT=Arial, Helvetica, sans-serif]Lets' say, for the sake of argument that we we put 120,000 psi load on the axle shaft (say, by wedging a tire and tromping the gas) - Regardless of the axle material they will all twist the same amount, however, the one made from 1030 carbon steel will have had its Ultimate Strength exceeded, and so will break. The one made from 1541 may only have had its yield strength exceeded and so will not rupture but will not return eactly to it's original shape - it will have twisted or taken a permanent set. The alloy axle made from 4340 will have had niether its ultimate strength nor its yield strength exceeded, and so will return to exact original size and shape - in effect shrugging off the load an carrying on unharmed.[/FONT]
[FONT=Arial, Helvetica, sans-serif]In short, the "better" axles made from alloy steel and through hardened are "stronger" not becasue they resist twisting more or twist less under load, but because they are made from a material and process that allows them to handle the twisting better, to survive it unscathed. That's what being built for the task is all about, and THAT is what makes the best 4x4 shaft![/FONT]