7004R is a marvelous machine. Gets a bad rap since people try to 'tune' it by ear like they are used to doing on the old hydro, TH350 and TH400 trannys. Result is a short run life before it dies. You MUST follow specific procedures to set up the TV control but done properly, can't beat the unit.
I would go either way - reputable rebuilder or reputable after-market unit. Shop around for best price on a QUALITY, warrantied rebuild. Shift kits are a good idea in any auto tranny. Factory designed in smooth, soft shifts for ma' and pa' to a fault. A shift kit firms up the shifts for a more efficient, longer lasting tranny with little or no added discomfort in shift feel.
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