Geno is not the first guy to suffer this problem. I did (or acutally "didn't do") the exact same thing , and had the exact same problem. Not only that...it occurred at about the exact same milage. These driveshafts are basically an old-school 80's GM truck front driveshaft, and they require frequent lubrication. But, unlike the 80s stuff...we can't shut off the hubs, and transfer case. Because the H3 is full-time 4WD...that driveshaft is spinning all the time. Long-distance treks at 70mph will certainly kill the center-pin if it goes dry. After running (and burning up) several of these cardan joints...I finally came to this realization...LUBE is everything. You can't over-lube it. Once I figured this out...my driveline has been very reliable and smooth as glass. Additionally...the center-pin is NOT a "sealed unit", so when you slop it thru the mud, drive thru rivers, power-wash it, etc....the grease washes out. A simple 5-6 pumps of grease is all it takes to restore it and make it last forever. I grease mine at every oil change (5,000miles) and also before every long-distance trip, and after every mud-run. It takes just 5 minutes, and makes a huge difference on the longevity.
The biggest problem is accessing and actually squirting the center-pin joint with grease. It requires a grease needle adaptor, and its tough to get up in there and do it...so you tend to blow it off. Big mistake. I'm guilty of this too. I'm working on getting an extended zirk fitting that will allow you to easily lube the center pin with a standard zirk head. Dodge driveshafts came from the factory with this little fitting and I've got one on my own H3. It makes lubing the center-pin as easy as the U-joints. Ironically...the U-joints can go much longer between lubes, (perhaps because they are somewhat sealed at the cups?). Anyway...keep it lubed, and it will last a very long time. In the meantime...I'll find those little fittings, and when I do...I'll pop one in the mail to Geno. Makes periodic greasing a breeze.
Lastly...if you do ever need one of these repaired, any driveline shop coast-to-coast should have the center-pin rebuild kit in stock. Its a very common part, and a very common repair. When I get the grease fitting dohinky, I'll post some pics.