WARGWAG - I completely understand the need for overdrive. I am aware of the different axle gearing on the M1009 (3.08 gears) vs the other CUCV trucks (4.10 gears). I even think the M1009's could use overdrive. My th400 is still pulling strong, so I'll leave it as it is until it gives me trouble. I don't have much money right now, so if my tranny went I would be swapping in a junkyard th400 for $150 rather than spending $1800 getting a 700R4 built up, but if I had the cash I'd love an overdrive.
I personally have not had good experiences with 700R4's, but I understand that I have not "seen it all".
Also, for those interested - There is a mechanically controlled valvebody available for the 4L80 that allows it to operate without a computer.
If my tranny went and I had some time, I'd be looking into getting a junkyard 4L80 (because they're solid from the factory and I can pull one with low miles at the junkyard for around $200) and swapping in an aftermarket mechanical valvebody for another $200. (I heard transgo makes these - this is their website:
Transgo Performance Shift Kit ).
Then I'd be looking at a solid, overdrive transmission for under $500.
I'm not saying that there's anything wrong with using a built 700R4. I'm sure a properly-made 700R4 would be good to it's new owner. We have trucks with 700R4's that have never had any trouble (granted, none of them tow, and one is a 4 cyl Sonoma). But, 700R4 is almost a bad word with my group of guys. We've seen em blow-up at very bad times.. (they were all factory or factory spec rebuilds though).
I'm saying that: if you're looking for something that will take some abuse, you might stand to save some time and cash using a transmission designed for use in a 1 ton truck (4L80) and getting rid of the computer yourself, rather than starting off with a transmission that is BARELY enough for a 1/2 ton (and was used in cars), then having to find a tranny shop that actually knows what they are doing (I'm not a fan of tranny shops, 95% of the guys around here are crooks), then paying them over $1000 to make it work for a truck, and hoping it's up to the job.
I've never had a good experience with a rebuilt transmission. The last 700R4 my friend brought in for rebuild cost him $2400 (it was still in the truck though). That one is still going 5000 miles later (rebuilt 6 months ago), but he's never towed with it since.
I do live in the middle of nowhere (relative to where I imagine most of you guys live) and we don't generally have many good shops for ANYTHING. In my experience, when something major like a transmission, t-case, etc needs fixing - I toss it and go pull one from the junkyard. The cost to happiness ratio on junkyard parts has been WAYY better than with rebuilt stuff for me. But yes, I do live in Canada in a small city where getting anything done on a vehicle can be a pain.
Not trying to cause any trouble, just putting in my 2 cents. Take care.