904 vs 727

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Well it's time for me to address the tranny issue in my 73 AMX w/401. I have
heard some negatives on the 727, i.e. heavy, rotating mass etc. The tranny I
choose will be reworked a bit to handle some extra horsepower. I thought
about the full manual valve body, but this will be an occasionally  street
driven car with a handful of weekends up at Lebanon Valley Drag. Can the 904
be built up to handle the approx. 375  horsepower the builder is predicting?
Any tips would be greatly appreciated.

Gary N

'73 AMX 401
'73 AMX 401 Pierre Cardin
'69 Hurst SC/Rambler