I would say go for it, Find the lowest stall convertor you can (stock or rv type, some companies actually sell a Strickly diesel 700R4 convertor that stalls at something like 700 rpms. Everything from there is just tuning, you may half to screw with the governor to get it it shift where you want but other than that i would give it a go. just make sure the 700 you put in is the V8 one and NOT the V6 one with less frictions, if your having someone do a 700 for you make sure they are putting in a .500 boost valve in the pump and the beast sun shell or you will be pulling it back apart after breaking the stock one, do 5 pinion planets also, i would also recommend a shift kit of some sort (transgo is the best imho), if you are retrofitting this and dont wanna screw around with lockup do a checkball underneath the TCC solonoid and get rid off all the electronics, this will MAKE it lock up in 3rd gear and you wont half to worry about any wiring or burning the unit up if its not locking up like it should (ive seen A LOT of burned up planets and busted ring gears in 700s due to lock up malfunctions and it not getting lube to the planets. Nate