Man, it seems as though my car doesn't run by the way you are all talking - but I'm assuming you've all actually ran a setup like this to know that it doesn't work...
Interesting side-note, now that I replaced a few parts causing issues, my check engine light is now off - went off on it'* own actually.
As for the trans, I'm not too concerned about it. I ran my original stock trans under my series 1 without any problems for nearly 2 years - and I didn't "baby" it.
That trans had ~140k on it.
The trans I'm using now has less than 40k, has been rebuilt (HD components - did I fail to mention that?) - The only issue is with a converter clutch shuddder (it'* a Bx, any of you who knows trans codes know the Bx was notorious for CC shudder under light load...fixing that tomorrow - easy fix)
About the timing - the stock timing as it is right now is too little, it could definately benefit from advancing it a touch.
With all this talk of the PCM not running my car, I definately shouldn't be doing a turbo set up for my 87 t-type lesabre with the stock PCM...but I am - it probably won't start though