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I'd put that spring back in place and tighten the TV cable one notch. That's likely the cause of your stacked shifts, and it'll destroy your transmission if it isn't fixed.Speaking of the transmission lugging the engine, I also made a small modification to the governor, by removing the lighter spring from the inner weights. This moved my shift points higher so that it doesn’t pseudo-stack shift like these 700R4’s love to do in stock form. It feels like I actually have space between each gear now!
I used this kit to get shifts 1-2 @ ~15 and 2-3 @ ~35 mid throttle and ~5000 at WOT.The 700R4’s were an economy transmission, especially in the later years. Paired with high gears and 2-3-4 Lockup, they normally are all in by 35-40 MPH in stock form.