What your getting into is in my opinion the absolute easiest trans. to rebuild.
When you rebuild it make sure and replace all the thrust washers and bushings and set all the clearances properly which is a lot tighter than the factory serv. manual specs. Not knocking Ma Mopar but the specs are unbelievably loose in the service manual. Always air pressure check each item (clutch packs, servo's) before and after final assy. (but before you install the valve body) that way you know it'll all work right in the end. And buy a shim pack to shim up the excess play in the gear train assy. so it's not slapping all over the place. I buy most of my parts from
www.bulkpart.com as their prices are about the best I can find and they have a nice selection of stock to high perf. stuff.
My suggestion is to buy this book (see link below) and use the specifications it says and your torqueflite will not only work better but last at least twice as long
Amazon.com: Torqueflite A-727 Transmission Handbook HP1399: How to Rebuild or Modify Chrysler's A-727 Torqueflite for All Applications (0075478013999): Carl Munroe: Books
It's chocked full of great information about the Torqueflite and improvements you can do. The guy is a great writer too. Very easy to understand. Ton's of pics of the different variation's of torqueflites built.
If you need any information or just want to BS about them feel free to PM me and I'll do my best to help. I've been doing them for over 25 yrs.