We had a '95 S10 donated to the school shop with a blown transmission.
I had a really good kid interested, and offered that if he showed up with a "Rebuild In a Box" for the transmission and rebuilt it, I would give him the truck. After a few weeks hemming and hawing it over, his parents wouldn't go for it. So....
~I~ ordered the kit, and tore into it. Two smoked clutch packs, and a torn lip seal. Suspicious?
The seal looks sheared off. I'm thinking failed install by somebody; I don't think lip seals fail this way by themselves.
At any rate, it's going together well. Hopefully have it back together by the end of the semester, then sell it and make some money for my program. Easily a $2500 truck in these parts.