833 OD behind a 340?

is that in higher horsepower applications the wear due to flexing concerns to do with component in aluminim case...

Its not so much the case flexing as the counter shaft bore in the case becomes oblong and allows the gears to seperate. Eventually with the improper mesh there is gear failure. You will get leaks long before a failure. And there is a relatively easy fix by having the case bored out and a bushing pressed in.

But, as most everyone that has done it they actually stand up quite well.