A passenger drop GM NP241 would bolt to the Allison, unfortunately there isn't a reasonable way to make the splines match up. New Process made a gear cut change in mid 94 to their planet gear setups, they do not interchange. All passenger drop NP241's are older than 94 and all 29 spline inputs are newer, so there really isn't a reasonable way to make that work.
As for strength, the NP241 does have 32 spline outputs (like the strongest 205 setup) but it's chain and case are the weak link in that case for sure.
There definitely are a handful of guys that break 32 spline 205 outputs with 1000hp diesels in truck pulls etc. and they have been switching to NP271 cases because they use a HUGE rear output shaft. They are burly cases, but I have yet to see anyone use those cases in a truck that really put a lot of stress to the front axle (they're still 32 spline front outputs, plus all 271's are driver's side front output).