Inspection of a 904 torqueflite

From what I saw.....the bands and clutches weren’t worn bad

The selective washer was worn....the thrust washers were worn
But the stuff in the magnet could have been normal and that might have made the fluid black

Whoever owned that van.....didn’t care about it whatsoever. They were NOT the type to change break in fluid and they were probably on stronger drugs than your taking about

ON this transmission and the 904....I’ll do the bushings.
If I didn’t want to..

I would replace 3 of them. Direct, pump bushing and output shaft. The others I would leave alone.....