Ok so I have a th350 that has been making noise and slipping so it need to be replaced. I got a quote for a beefed up 700r4 tranny for towing at $2000 out the door installed with everything I need. However, I found a guy on craiglist with a 2000 chevy wrecked with the nv3500 bolted to a 4.3 with 85k on it for $500 with the transmission, clutch, hydraulics basically everything I need except for the v8 flywheel and high hump transmission tunnel.
Now my questions/concerns

Will this transmission hold up to a stock 350 with mild towing say 2 tons? I plan on building the soon as well
Would I need to change the tunnel?
What else would I possibly need for the swap? After getting all the parts-flywheel, tunnel, pedal assembly and a shop install, would I be better off going with the hopped up 700r4 or the nv3500?