940 rebuild... should I?

you can do it without yanking the motor, the cam that is, probably need to remove the radiator and such for room as you'd have to pull the whole front acc drive, intake, distributor and timing cover. Other option is to simply pull the valve covers, get a micrometer and measure the lift at the valves and get a very close idea as to what the lift is, which would help with the TQ. As far as finding out what converter is in it, you'd have to pull the transmission out. Which you're gonna have to do regardless when you rebuild it.

I think replacing it with the same spec TQ would probably be ok if I can figure that out when I pull it, as I really don't think the TQ is part of the problem.