Hands down the ART Carr high tech valve body kit . It is superb, I love it ......1-2 shift is more aggresive than stock but not harsh, the D-OD is alot firmer and the tranny will be able to shift to OD at WOT where as stock it will not. Has good instructions also. This is what I installed in my 87.
On the cooler yes gat a aux. one it is a must. The #1 killer in alll trans is heat, period. Get a satcked plate design and not tube and fin. B& M makes a good one...I would get tghe 28,000 and not look back.
Good luck