Quote:
Originally Posted by notnormal
it'll be more expensive though after you fuck it up and end up sending it to someone that knows what they're doing 
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Seriously, rebuilding transmissions is hardly rocket science. True, there is a chance you could muck it up if you have improper tools and are not paying attention to detail (or just randomly decide to pour gravel into the tranny for grins...)
Anyhoo, here are a couple of good tutorials:
tut01
tut02
Ultimately it comes down to price. Lets look what you get in a standard Shepherd rebuild:
New 1-2 fork
New 3-4 fork
New Shepracing spec 2nd gear
New 1-2 hub/sleeve kit with double synchro rings
New 3-4 synchro rings
New 5th gear synchro rings
New 1-2-3-4 synchro springs
New input ,output ,and both drive shaft seals
New Input shaft bearings
New intermediate gear bearings
New roll pins
New end nuts
New center diff side shims
New nylon shifter pad
Shims for setting preload
The only thing that jumps out at me is the spec 2nd gear. The rest of the stuff can be bought relatively easy.
I haven't rebuilt a transmission in over a year (only reason I have to open this one up is because some clownshoe broke the rail end on the 3/4 rail by ripping on the shifter...) so I cannot get current prices for you. The prices do vary quite a bit depending on where you go. For example, I was quoted $75 for the front input shaft bearing by Mitsubishi. So, just for fun I called up the Eagle dealership (both are owned by the same person in Duluth) and was quoted $27 for the part. The only difference was they had different CAP numbers. In addition, I am able to get some of the bearings from a NSK wholesaler as well but for some odd reason NSK now have different part numbers then what is stamped on the original transmission bearings.
When I get time, I am going to send John an email (and beg TRE) and also get a current price listing for some of the stock parts form Mitsubishi. I'll report back in when I have more information.