I'm disassembling my tranny (the car's still in pieces too). I pulled the governor valve, shaft, weight assembly and it seems everything is ok. However my tranny had very early upshifts and no kickdown.
In Munroe's book there is a word about "a spring that keeps governor valve closed" at stop - where is it? No evidence on pictures and I guess the governor works by centrifugal force - the weight assembly is heavier than governor valve and with output shaft rpm increase the shaft pulls the valve and reveals the governor orifice thus increasing governor pressure.
But.. what keeps the governor valve at cloed position when the car is stopped? It seems that both valve and weight can rock on the shaft and move freely in the governor housing bore.