I've got a 700R4 in my '82 C10.
When shifting from Park to Drive/Reverse, there is a clunking that sounds like someone smacked my floorboards with a rubber mallet.
(This also happens when shifting from Drive to Reverse, or vice versa, and sometimes on acceleration from a stop).
It upshifts and downshifts fine, with a minor clunk occuring only between 1-2.
I just rebuilt the rear end & did the U-joints, I can safely rule those out.
Ive owned the truck for 2 years and it has done this since day 1, but the problem hasn't gotten any worse or better even though it is daily driven.
Its a small problem thats starting to drive me nuts because I can't figure it out, any help is appreciated!