Matt:
I don't know if this is still the plan but you mentioned that you would be running 3.08 gears in your rear axle, so I'm just gonna throw that out there.
Personally I'd go 4L80E without much thought. TH400 with a GV is nice but that's basically a 4L80E anyway.
And to be honest, fab work will be required when you are throwing around some decent chunks of change and looking to go out of the normal "zone" like this. And unless it's really minor clearancing I'd look to cut and weld over a lot of hammering. Do it nice the first time.
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