4l60 or th400?
The 400 could take that punishment easily if it is well built. But on the other hand, if you were wanting to preserve driveability in the interest of building a street beast the 4L80E would be just the unit. It is based on the TH400 and is an Overdrive unit. It would need it's own stand alone controller, can be outfitted with a trans brake for spooling at the line and would give you the performance you are looking for I believe.
If you would like to learn more about any of those trannies just pick up the phone and give us a call... we could help you understand the pros and cons of each unit! We help customers plan their hot rod builds every day.
Hope that helps!
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