OK glad we're talking about Lenco's again. My buddy runs a Pro-Shifted hemi box behind his 500 inch B1 1970 Cuda. It's ok but does take a lot more work.
The best advantage of the street driven lenco is the fact of reliability! There is far less of a chance of hurting a Lenco the AND standard box, Liberty and Jerico included. Add that to the fact that the cost of a good used CS1 is usually less than a new trans that can take the power.
The ONLY downfall I have found/seen is there heavy and the multi stick shifter takes up a lot of space.
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