above said output? you don't have to change **** for output on tranny, just maybe length of it (portaband).
your 700 is 27 spline, same as a 350. It has more shaft sticking out than a 350 4wd. cut it. the 205 off a 350 is the only one that is 27 spline. It is racetrack pattern. All the circle 6 205's from 85 and up are 3.5" input bearing hole. You will be using a 1980 or early 70's 205 with factory 350 adapter and sleeve.
I don't know what rich has up his sleeve, but the output is 27 just different lengths.
You won't like the low side so high, but it works.