Automatic transmission sludge?

[american outlaw]

Hey, long story short, my land cruiser I bought last year has a Chevy small block, a turbo 350, and an np205 powering 2 inverted Toyota axles I think I have isolated the very obnoxious high pitched chirp/whine to around the transmission hump when in second/third gear (30mph or more) and done some testing to confirm this theory.

My friend said let's drain the transmission and inspect the pan and we found this, he says end of days I thought damn for a 40-50 year old transmission (no data on history of it other than abused rock crawler) I thought it looked quite alright.

Thoughts?

 

[pb4ugo]

Did the fluid smell burnt?

 

[charliemeyer007]

Fluid color looks good to me. Lots of material in the pan - I'd be looking at a rebuild - new bands and clutch packs. for sure

 

[american outlaw]

I thought the fluid was perfect. Didnt smell werid, had a little bit of the glitter in it from the pan but for a TH350 that was probably abused... not too bad. The previous owner probably put new fluid in before dumping the vehicle on me

But I guess i gotta pull the tranny and Tcase and might as well rebuild both while I am at it i guess.