TCI's valvebody kit does not...
TCI's valvebody kit does not fit in pre-1987 700-R4 transmissions. A simple way to tell if yours is a candidate once the pan is off is by the presence of auxiliary valvebody shown here being removed. Earlier transmissions don't have them.
Driving With The CPVB
Our test case for the TCI Constant Pressure Valve Body was our own associate publisher, John Barkley's pick-'em-up with a fairly stout SBC. A former drag racer who looks at green lights as indicators to launch, we know it's good to go if anything mechanical can live with John. Here are his comments on a new and improved 700-R4.
My truck is really sweet to drive now, and it's basically a five-speed with the lockup converter. I'm an aggressive driver, so I have it set up to downshift without having to put the pedal to the floor. The result: My truck gets 15 mpg going back and forth to work, which is huge, considering the way I drive and that it's got a 435hp, 355ci small-block with a big hydraulic roller cam.
Line pressure stays between 130 and 230 depending on oil temp and throttle position. At warm idle, 800 rpm in gear, it drops to 100 lbs. Line pressure fluctuates due to engine speed and transmission pump rotor speed, which controls oil volume and pressure. The line pressure increases as soon as you crack the throttle and the pump rotor speeds up. Trans temp so far (just did it over the weekend and it's been cool) hasn't exceeded 165 degrees.
If you do this in the car...
If you do this in the car when removing the valvebody, prepare yourself for parts falling out and fluid running down your arms.
Basically, the TV cable is only used to tailor shift points with the Constant Pressure Valve Body. This allows me to back it off a little and tone down the 1-2 shift. When using a lockup converter, the vacuum switch can be adjusted to keep the lockup from "hunting" back and forth. The switch has a tiny (5/64-inch) socket head screw in the side that is used to adjust vacuum sensitivity. The governor uses weights and springs and centrifugal force to control full-throttle shift points and kick-downs. In the 700-R4, it's basically the same governor as a Turbo 350 or 400, by changing to lighter weights, the shift is delayed; different springs can also be used to tailor shift duration (hard and quick, or softer and slower).
When installing the TV cable, set the initial adjustment in the middle of the range so you can easily fine-tune one click at a time in either direction.
The TCI kit includes everything...
The TCI kit includes everything you need for installation, including the valvebody, gaskets, O-rings, check balls, valvebody separator plate (not shown), and 2/4 Servo (PN 376003). Don't worry-the instructions make it clear where all this stuff goes.
The Fix
One of the most experienced companies specializing in high-performance automatic transmissions is TCI Automotive. When TCI went looking for a cure for 700-R4 TV cable issues, the company cut to the chase and came up with what is called the TCI Constant Pressure Valve Body. And while the TV cable is still used to establish part-throttle shift points, the line pressure has a fixed minimum, which, according to TCI, eliminates the possibility of the transmission burning up from an improperly or misadjusted TV cable and the low line pressure that normally results.
Installation
We're not going to do a blow-by installation of the valvebody, primarily because TCI's instructions are excellent and complete, so we'll let you get oily fingerprints on the company's paperwork rather than your magazine. Instead, we're going to save some space by not being redundant and just touch on the high points.
First off, if you're scared of tearing into an automatic transmission, you don't need to be; this installation is within your capabilities if you can handle routine maintenance on your street rod. And if you do get stuck, TCI has excellent tech support-just pick up your phone. Second, this kit won't cure the ills of a malfunctioning or slipping 700-R4; it is intended to prevent those things from happening and should only be installed in a transmission that is in top-notch condition. Finally, this kit is only for 1987 to 1992 transmissions.
This is the separator plate...
This is the separator plate that goes between the transmission case and the valvebody.
One of the interesting features of this kit is that the parts are provided to allow the installer to choose from three levels of performance: Heavy Duty, for towing, and for motorhomes and similar vehicles-the shift is firm but not harsh; Street, a step above the stock shift feel; and Street Plus, TCI's Street Fighter configuration with a very positive and sharp shift.
Installation begins by removing the pan, the filter, the 1-2 accumulator, auxiliary and main valve bodies, and separator plate (all these are identified in the instructions). Be forewarned, if you do this with the transmission in the car, some of the accumulator parts and some check balls are going to fall out, but don't panic. TCI includes six new check balls, and you only need four, so you can even lose some new stuff and be OK.
Reassembly consists of choosing which new parts to install to achieve the level of performance you're after. The most challenging part may be keeping the check balls in the right spot, but a little petroleum jelly will help with that chore. The other precaution is not to over-tighten anything; use a torque wrench and follow the instructions for specs.
A new pressure regulator spring...
A new pressure regulator spring and boost-valve are supplied with the kit. Installation is simple with a pair of snap ring pliers.
With the transmission buttoned up and full of fluid, the final step is to adjust the TV cable. Again, TCI's instructions describe the procedure. We will say that, when properly adjusted, the First-to-Second shift should occur at 15-20 mph; Second-to-Third shift at 25-30 mph; and Third-to-Fourth shift at 40-45 mph. Readjust the cable if the transmission shifts into First, Second, and Third within seconds.
Great Expectations
Over the years, we've talked to many street rodders who were bewildered by the poor operation and often the complete failure of a 700-R4 and blamed it on everything from the basic design of the transmission to whoever rebuilt it. As we've pointed out, the actual cause of many of these problems often comes from something as simple as TV cable geometry. But, thanks to TCI's Constant Pressure Valve Body, all those ills are in the past. Now stock or aftermarket TV cables can be used with virtually any induction system without fear of failure because the pressure is on, and that's a good thing in this case.
Late-Breaking News
As we go to press, TCI has announced the expansion of its line of Constant Pressure Valve Bodies, now available for '82-86 700-R4s, '81-90 200-4Rs, and '80-93 Ford AODs. Now those transmissions can benefit from this technology as well.

Two check balls are inserted...

Two check balls are inserted into the case; some stick assembly lube or petroleum jelly can be used to hold them in place if this is being done in the car.

TCI can supply a new-style...

TCI can supply a new-style TV cable with an adjustable outer sheath that makes adjustments quick and easy.

The TV cable will need adjustment...

The TV cable will need adjustment to get the right shift quality. A button in the top of the cable on the engine allows the cable to be adjusted.

The lockup clutch solenoid...

The lockup clutch solenoid requires modification to work properly with the Constant Pressure Valve Body.

This is the vacuum switch...

This is the vacuum switch that controls the lockup converter.

This is the governor from...

This is the governor from a 700-R4; it controls the transmission's shift points.

To raise or lower those shift...

To raise or lower those shift points, TCI offers a governor kit (PN 326500) that includes a variety of replacement weights and springs.