Modification
The most practical modification for the 4R70W is the J-mod. It involves modifying the valve body separator plate and gaskets as well as changing or removing accumulator springs to alter the shift timing of the transmission. While these modifications can be done to 4R75W transmission, the results are not as dramatic as some of the details of the J-Mod (bigger holes in the separator plate and gasket) were done to the transmission in its design. These modifications are specified by one of the Ford engineers who designed the transmission. It offers faster engagement, quicker shifting, smoother operation, and increased service life. All parts can be bought at Ford dealers for less than $60 including the fluid.
A 20,000+ GVW cooler is highly recommended for all vehicles. Breakdown of the transmission fluid often results in "converter shudder" (feels like driving over rumble strips) where converter tries to maintain a steady slip rate during lock-up, but alternates between slipping and grabbing. Frequent fluid changes, especially when used for towing, are the single best method to prevent shudder. Shudder occurs because the torque converter never fully enters "lock-up", and ends up bouncing in and out of lock-up to slip. This causes the engine to flare up and then down again as the clutch cannot hold back the power of the engine.
Read more about this topic: Ford AOD Transmission