Need some help with my 727 Auto Tranny.....

if its non-magnetic, its probly just some babit off the sprag. no big deal. it also could have come out of the cooler from the old tranny damage. did they at leased fix the stripped pan bolt?

Yeah, the did fix that. They charged me $20 a bolt for a total of $120 bucks!! Some of the metal was on one of my magnets, not both of them though.