I can't comment on NA applications, but my Aussie spec '85 760 Turbo originally had one, it had been reconditioned at some point before I got the car, it felt great to begin with when the car was stock.
As soon as I fitted a 3" turbo back exhaust, running about 8psi with no other mods, shifts went from being firm to slipping during shifts, and after a bit of hard driving it didn't last long at all.
It would get stuck in first when cold, if you went down the road and gave it a few sharp stabs of the throttle it would give a big clunk and then it'd shift into the other gears for the rest of the day.
After that it lost 4th, then reverse, then started slipping badly in 3rd and was pretty much undriveable at that point.
When I drained it, to remove it for a manual conversion, the fluid was as black as diesel engine oil, and was so full of metal particles that it looked glittery coming out of the pan.