What the 4.7k mod Chris does is electrically identical to the 2-wire Linkwitz mod, except that the drain and source connections are reversed. The type of JFETs that are used in these mics are sufficiently symmetrical to allow to swap the source and drain connections (which is what the 2-wire Linkwitz mod does) and still get substantially the same performance. So yes, Chris's mod produces substantially the same results as making the 2-wire Linkwitz mod. It's just an easier way of accomplishing nearly the same thing. Personally, I prefer the 3-wire Linkwitz mod because it uses the JFET in the polarity that its manufacturer specified, it attenuates the signal less than Chris's mod and I sometimes use the mics going straight to a NJB3 where I can't afford the additional loss in signal amplitude.
The thing that people aren't talking about here is that most battery boxes have their own pull-up resistor. If you want to be compatible with a conventional battery box, then you can't use a 2 wire Linkwitz modded capsule because the battery would be in the wrong polarity. And of course you can't use the 3 wire Linkwitz mod with a conventional battery box because a conventional battery box is wired for 2 wire connections, not 3. That's where Chris's mod shines. It uses a conventional battery box, it maintains the correct polarity of current flow through the transistor, but it incurs an additional 6 dB of signal attenuation with respect to the 3 wire Linkwitz mod. To me, that's a small price to pay for compatibility with your conventional battery box. Not only that, but if your conventional battery box uses a 4.7k pullup (and most do), then Chris's mod minimizes the harmonic distortion. In fact, it should have harmonic distortion that is a little bit better than the 3 wire Linkwitz mod. The price for the lower distortion is a very slight increase in noise floor. (It's pretty common in electronic circuits to be able to trade noise performance for harmonic distortion or vice versa.) In the case of loud source material like you have at most live music venues, the increase in noise floor is imperceptible and therefore, of no consequence. For reference, here are the 2 and 3 wire Linkwitz mods as shown on the page referenced by Roving Sign previously in this thread:
