To take it one step further, most tractors do not have rear brakes, as few if any newer SCUT/CUT/Utility tractors actually have brake drums/discs out on the axle ends like a car. Instead they have wet or dry drum or disc brakes that mount somewhere on the drivetrain and stop all of the drivetrain (less the PTO of course) that is engaged. By default, the rear axle is always engaged. The front is selectable.
As mentioned above, if you are moving along at 5 mph or so on a slick surface (or loose gravel) in 2wd, your stopping distance is not good and the rear tires will slide a bunch. Put it in 4wd and you stop so fast to almost put you over the steering wheel. It is an easy test to see if your 4wd is working.
The LS with the electronic front axle engagement when the brakes are applied in 2wd seems like a great idea. My only concern with that sort of design would be longevity of whatever device is used to electrically engage the axle. Seems it would get a lot of work if a guy ran mostly in 2wd and used the brakes often.