As Mr Zimmerman stated, the later units(renamed as 4L60E) used electronic shifting and pressure controls. There are no "shifting modules" inside the transmission.
I just came across this site and I see the posts are old but decided to add this note in case someone in the future would come here. At times it was not known just what caused the loss of pressure to burn the plates as there are a number of factors involved. I speak from personal experience as we repaired the early model frequently for burned 3-4 clutch plates which is very likely the problem the earlier posters had. The line pressure was now also controlled electronically and enhanced the longivity of this trans. But one of the best changes was when it went to electronic shift control in 1993. The early 700R4 had numerous design changes to make it more robust. The electronic control module will calculate the proper shifts on variations of these two inputs. Now the VSS (vehicle speed sensor) and the TPS (throttle position sensor) are the inputs to the TCM or PCM depending on model year to control shifts.
#700r4 transmission gears tv
The Governor was for road speed and the TV cable was for throttle input. No longer does it have a TV cable or Governor. In 1993 the trans was redesigned and now has shift solenoids for shift control. Up until 1993 the trans used a TV cable for throttle input to the trans. Being a former Chevrolet Technician I can tell you that is a common failure on the early model 700R4.
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