On the 700R4, you need to have the TV cable pulled correctly. How far its pulled out controls the line pressure in the trans.
On a TH350, the cable is just for kickdown, needs to be pulled all the way out at full throttle. Thats easy enough to run off of the pedal with a little welding to make a bracket/arm.
OK, now back to the throttle bodies.. Gen III motors came either with drive by wire or cable throttle bodies. There's nothing external that really moves to attach the TV cable to, on a DBW throttle body.
So, you can switch to a cable throttle body, but you do need to add some other wiring and bits, because the cable ones have other things like idle air controller, which on the DBW is a function of the stepper motor controlling the throttle plate.
On Gen IV motors, the throttle body has a different bolt pattern, so going to a cable setup gets more pricy.
If you were a smart guy, you could build a setup to pull the cable properly pulled off the drive by wire pedal.
The ultimate point is that if you want the 700R4/4L60 trans, its probably easier in the long run to use the 4L60e that goes with the motor, no flexplate adapter and TV cable stuff to deal with...