Well, I guess its time for Landyzones monthly "I want to build a replacement for the VCU" thread.
The short answer - No. Forget it. You are wasting your time and money.
Longer answer - yes, you could. Literally anything is possible if you throw enough cash at it, but you are failing to grasp the concept of full time four wheel drive, and ****ing about removing a VCU will make the car significantly worse.
A solid prop links front and rear axles permanantly. Firstly , freelander front and rear axles have different gear ratios, so straight off, its a fail....your wheels will be trying to turn at different speeds..... At best you will get unpleasant, even dangerous handling, more likely a dead IRD. You could change the rear diff ratio to match the front, which will involve a custom crown wheel and pinion, which would probably cost several thousand pounds. But even if you did that, you still have no variation between axles when cornering. Drive a Jap 4x4 in 4hi on the road and see what happens....its struggles to move, the wheels skip and jump and eventually it will break a driveshaft. The front and rear MUST be able to turn at different speeds to allow cornering and uneven surfaces, this is why jap trucks should only be driven in 4wd on slippery surfaces where a wheel can slip, preventing the above problems.
So what else? fit a centre lockable diff....great. Good luck with that. You worry about reliability of a VCU, but will some cobbled-together home made centre diff be better? I doubt it.
But even if you could build one, what is the point? you have to stop to lock the diff ....as mentioned above, momentum is often key in difficult terrain. having to stop and faff with a lever is stupid and potentially dangerous....snowy conditions, the road is clear and your diff is open, but the road starts getting covered, looks like it might be icy ahead....are you going to stop in the middle of the road, creating a hazard to others while you lock up your diff?
You could make it like a jap truck with a solid prop and a dog box to disengage drive to the rear.... except thats rubbish too for exactly the same reasons as above, namely having to stop and engage it when moving from solid to soft terrain.
Or you could have some kind of coupling between front and rear that allows a certain amount of slip as needed on road and automatically, progressively locks up on the move with no user input as the conditions demand....the above snowy road..... having to pull over on a narrow road for an oncoming truck and putting two wheels on the verge....a muddy bit at the exit of the field where the car boot sale is being held....its always there, reacting instantly.....It should be a compact unit, possibly full of plates and a silicone based flui.......oh, wait a minute, thats exactly what a flucking VCU is!
In short - leave it the hell alone.
And there is no point in a locking rear diff - traction control does that for you, applying the brakes to the wheel with least grip.