Will GM 200r4 work with factory floor shift location?

Here's what I have. A B&M trans pan plug. But I have a few concerns. The easiest way to install this plug is to drill a hole in the bottom of the pan and install (of course you have to pick a spot where the plug won't hit anything inside the trans). The only problem with that method is that the darn thing hangs down about 3/4" below everything else and I'm afraid I knock it off when I accidently hit a speed bump. We have many, many speed bumps in my city and many are very hard to see. So the other option is to mount it on the side but then it's hard to drain all the fluid because you have to mount it high enough to get a large flat surface to seal. Lastly, I could attempt to put the hole on a bottom corner so that it drains well but also doesn't stick straight down. If I mount it on a bottom corner it won't seal good at all so I would have to try and weld it into the pan. I'm a pretty good welder as far as welding for strength but I've never tried to create a leak proof seal with my welds (not a certified welder). The other options are to buy an expensive aftermarket pan ($200 +) or get a professional to weld/braze the plug in.

Anyone done this before???

Treblig