I know I said I was done with this thread but after allooooooooot of miles I've come to the conclusion that the reverse lockout wired to the brake light isn't the best avenue. On more than one occasion I've for whatever reason had to apply a little brake (going into a turn, etc) as I was going into 5th and got barked at by the tranny haha. I'll be installing a relay with 12V constantly applied to the coil and will install a trigger to the shifter that will supply the ground to activate the coil. Doing it this way does 2 things, it requires only one wire in the shifter (other side of trigger is just grounded) and it removes all chances of a short.
Another update is after nearly 3,000 miles of use the tranny has proven to be worth the effort consistently knocking down 19 mpg on the freeway with a 456 stroker, 850 carb and 4:30 gears.