which transmission are you talking about useing ?
and are you willing to upgrade your current trans,or swap transmissions
both the stock th350 and 700r4 are designed for a 350ft lbs tq, limit and under 5500rpm shifts ,both can be upgraded to handle about 450ft lbs with the correct parts but youll be far better off with an upgraded TH400 or 4L80E, a good heavy duty trans cooler, a 3000-3500rpm stall speed converter and a 3.73-4.56 rear gear, if your beating the hell out of the car, and expect it to preform.
don,t be mislead by transmission adds that say the trans holds 500hp-700hp etc, its heat and tq that kills transmissions, not hp
keep in mind the formula for hp is torque times rpm divided by 5252=horsepower
so 350 ft lbs at 5000rpm =333hp
250ft lbs at 7000rpm = 333 hp
350 ft lbs at 7000rpm= 400hp
450 ft lbs at 3500rpm =299hp
but I can assure you that the lower hp, higher tq will kill the trans first in many cases
a well designed N/A 383 can exceed 500 ft lbs of tq, and twist up parts easily add a healthy nitrous kit to that 383 and 700-800 ft lbs of tq are possiable
http://www.transmissioncenter.net/4L80E.htm