Torque converter crack

what are the chances I wore through that bushing?

Not worn through, but that bushing is trash, and it's easy to tell by the converter hub.
If you put a new converter in that old bushing you will be buying another one.
At the very least it needs the pump disassembled and inspected and if the pump is ok a new bushing and seal.
Then the cooler lines need to be flushed (both directions) a new filter and fluid.
(AT THE VERY LEAST)

That transmission would come down if it was mine. Where did all the metal go?

Through the pump, converter, cooler lines and into the pan at the very least.