[gchemist]

All you need to know!!
http://transmissioncenter.net/700R4_Swap_Info.htm

Other good info:
http://www.geocities.com/crosley_az/700spd.htm
http://www.73-87.com/7387garage/drivetrain/tvcable.htm

A performance lockup torque converter can be used to remove the electrical lockup.