Factory rpm limiter is too slow to use as a two step. I tried, all it did was destroy the input sprag. Two step is very helpful for spooling the turbo though. I have one I adapted from the turbo buick guys. Without it there is no way I could hold my car on the line. Now I can sit at 3000-3200 rpm make as much boost as I want and not push through the brakes. Just break transmissions instead lol. I think I ran into the same rpm signal issues you guys are seeing with the two step. It would kick in at idle. Ended up getting past that when the designer put a opto isolator on the input circuit. Now works flawlessly.
Talking to Terry at precision, he said not to run against the converter spooling up for more than 3 seconds. It will pump itself out of fluid and start chewing itself up internally. Pump also can't refill the converter by the end of the run and you end up with excess slippage in third due to lack of fluid.
Cool project, going to be interesting to see how far you can push it.