NOPe, You're not droping the 700, just removing the dust cover for the flexplate! You don't have to undu the flexplate either! Once you get the oilpan off, you'll see what I'm talking about! You gain nothing in space by removing the transmission! The crank mushrooms out right after the rear bearing cap, therefore you still are imited by that in space to work by, removing anything other than this in this order is unnecessary:
1) Dust cover for flexplate, 8 bolts
2) Starter 2, or 3 bolts if include small one on engine mount
3) Oil pan, ALOT OF BOLTS! Maybe Oil pump bolt too, pending on amount of lift!
4) Rear Main cap, 4 bolts
5) Whatever is left of your old rear main seal(MINE HAD NOTHING IN THERE!)
Reasemble backwards using correct torque specs! /forums/images/graemlins/thumb.gif