Take and wipe the trans dipstick on a clean white towel and see what color it is. Also see what it smells like. If it smells burnt and has a brown/black color on the towel then you may just be looking for a used trans at this point. That's a lot of miles on that old fluid so it's probably not helping things and I'd bet the filter is clogged up by now. The issue at 80K sounds like they may have upped the line pressure to get around the P1181 max adapt shift code (the slamming into gears thing).
If it were mine, I'd drop the pan and install the shift kit, change the filter and refill it with a bottle of Lucas + Dex 3 to top it up and see what you get, but would also be looking for a used trans in good shape as a backup. These things aren't known to be strong in stock form and with that amount of mileage it's a roll of the dice at this point. Just my .02
I have already removed the dipstick to check the color of the old fluid, it is light brown in color, not dark brown or black. And there is no burnt smell at all.
A local GM mechanic, who has also done extensive work with GM transmissions, was able to confirm that the fluid does not have the burnt odor, which he said is a sign that the transmission is toast. The brownish color is not good, according to him, but it is the original factory Dexron 3 fluid, so he says to expect that. He said, from experience, that cars driven in the city in constant stop/go traffic, and idling for long periods (especially in hot weather) have the most early transmission failures due to the fluid breaking down. He said if mine is still shifting properly at 241,000 miles, that I must do a lot of open highway driving. I can approximate that 40% of my driving is at speeds of 25-55 mph, and about 50% is at speeds 55mph and higher. My 40th Anniv. spends very little time in heavy city traffic. Also, I drive in mostly flat terrain, and I have never towed a trailer, camper, boat, etc.
He also said that one bad thing is that the filter is, by now, all saturated with dirt, clutch material, and stuff.
He strongly advised against any type of flushing, as that would cause more problems than it will solve. So, he advised to drop the pan, install new filter, Dexron 3 fluid, and perhaps 1 bottle of a transmission additive. Then drive it for a few thousand miles. Then drop the pan, and install another new filter, and new fluid and a transmission fluid additive.