Top is a 1991 shifter from a 4L80E/205 combo, bottom is a 70's 465/205 combo.
From what I can tell, the difference in shifter is based on the length of the transmission/adapter. Since the 32 spline 465 used longer output shafts than earlier, the +3" that was built into the adapter set the shifter back further.
Because 1985+ 205 would have had ONLY the TH400 or 465 in front of it, and later the 4L80E, the adapters were probably designed so that the shifter was in the same location for either one, to keep from having different floor pans based on transmission, just a shifter change instead. The two shifters pictured above are definitely different as you can see. I had to bend the early one towards the driver to fit my '86 floor pan (seems like that was a fluke according to most) but the later one, even with the 3" longer adapter, bolted right in and does not hit the floor pan.
I had never heard of the difference in shifters until I had to deal with it, so I'm not sure if there is much more documentation on this. GM COULD have used a different shifter for say a 400/205 combo in 1981, and a 350/205 combo form 1980 though, plus the 1985+, I just don't know.
Clear as mud?
