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They are of the same family gene but the internals are slightly different. Here's the breakdown
Gear ratios, the 4R70W has the wide ratio gears whereas the AOD-E doesn't.
4R70W ratios are: (1st) 2.84, (2nd) 1.55, (3rd) 1.00, (OD) .7
AODE ratios are: (1st) 2.40, (2nd) 1.40, (3rd) 1.00, (OD) .67
The 4R70W has a larger diameter slip yoke on the driveshaft.
The 4R70W has a differennt extension housing.
The 4R70W uses better output shaft material.
The newer above 98 or 99 4R70W's got the updated 1-2 accumaltor that had a rubber seal as the old style had a known problem of wear as it was aluminum and caused bore wear. My truck is a very early 97 with the OE tranny and I have 157K miles with no problems yet. Yes it may orm ay not be owrn but still shifts fine. If I ever drop hte pan I will replace this.
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