4l80e is a bit of an interesting animal... It apparantly has two speed sensors. One for input speed, and one for the output speed. However, I am having a heck of a time trying to figure out how many pulses per mile, per driveshaft revolution or whatever it is suppost to be.
I am gonna go on a limb and assume it is the same as a 4l60e or a later 700r4 and say it is a 40 pulse per driveshaft revolution output speed sensor... If that is the case, then it should pretty much be a hook the wires up and go type thing, as your 88's original 700r4 will have had a 40 pulse per driveshaft revolution ouptput as well...