We'll assume the install went correctly and nothing was left out or fudged? No check balls rolling around on the floor etc.? Bands adjusted properly? Have enough fluid in it?
Slipping could be worn clutches but if it's all forward gears and reverse is OK, I'm not sure if that's exactly the case. Could be a pressure issue? Perhaps the spring on the valve body could need adjustment. Just as a comparison, I have an older T/A FMVB myself in a 904. The pressure is 145 psi but it's got a stiffer spring in the VB to increase pressure since I have 6 clutch discs.
Which valve body is it, do you know the number? It would be good to know. Their forward pattern VB changed in recent years, they don't make the older one any more. On the older FMVB, the reverse boost circuit is NOT modified to reduce pressure in reverse which can get pretty high. Just an FYI, not saying it has anything to do with your issue.
If you narrow it down to being a pressure issue, you might need to put a gauge on it to see what things look like in each gear. The hope is to not have to drop the pan to do any of this stuff but it sounds like it might be coming down again.
Also, do you still have the original throttle pressure linkage hooked up? If so, you have to remove it since the trans is programmed to be full manual.