I posted this over at another forum and felt that this would also benefit others here.
I decided to email Tremec directly on the Tr-3650 after I read a post here on someone else contacting them.
Here's the response that I received from them and it looks like Ford/Tremec finally admits there is a problem and they are willing to fix it.
RE: TTC Contact Form Date: 11/14/2003 7:52:44 AM Eastern Standard Time From: snipped-for-privacy@ttcautomotive.com Reply To: To: XXXXXXX
If you go back to the dealer within the next three weeks, they will have three parts available to take care of this problem you have experienced. I know they have issued a Parts Information Letter (PIL) on this in their system.
Jon A. Vieth Product Line Manager