someotherguy
+1y
Definitely get the lockup kit or you run the risk of overheating the trans and killing it.
Another very important thing you need for a 700R4 & carburetor application is the geometry-correcting bracket for the TV cable. You can get 'em from Bowtie Overdrives ( ) pretty cheap, I think some other companies make 'em too. You probably already know this but correct adjustment and operation of the TV cable is like the #1 thing for a 700R4 to live; if it's too loose, you can roast it almost immediately.
I'm gonna go ahead and say the 700R4 isn't strong enough to live very long behind a 454 but if you drive it gently and don't tow a bunch/heavy loads, you'll be OK. Throw an aux cooler on it in addition to the radiator cooler, and a temp gauge, I like Autometer's electronic ones, very accurate, crazy easy to install, and only about $50.
Richard