Next time you start it COLD, put it in reverse. If it's really, really 'draggy' going into reverse when cold, I'd suspect a plugged tranny filter.
Otherwise, I think we have some leakage going on inside. Like the other fella said, that forward accumulator piston is plastic and they do wear, wobble out and leak.
You really have to look long and hard to find a bad pump on an automatic transmission. So, if the thing shifts okay and doesn't seem to slip (*this is key), your problem is not major.
However, bear in mind that GM uses the lamest of lame seals in their transmissions. It's always been their weak point.
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Today's Featured Article - Threshin Demonstration - by Michael Delaney. Introduction I bring you greetings from Prince Edward Island, Canada. We are Canada�s smallest province but big on farming. Maybe you�ve heard of us. Potatoes are our biggest crop. However, there is lots of mixed farming here also. I have a small mixed farm with 25-30 cattle. I make very good use of old machinery. I have a 135 MF Diesel, Farmall H and 1/3 share in an Allis B. I have complete lines of tillage and harvest equipment, and a saw gear etc. I have everything one would
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