Juergen,
It may not last for long stock, but add a transgo shift kit and make sure to drill a hole in the tail shaft for improved OD oiling and the bigger bearing as previously noted by tactransman (maybe in another thread...), and it should perform as good or better than an A518. The lower first gear will get you out of the hole quicker with a higher rear gear ratio. I'm told many drag racers prefer a built 904 to the 727 due to the lower weight and rotating resistance. If you have a mild 340, I wouldn't hesitate using it. Just make sure your kickdown is working correctly and its full of fluid, and get the larger 3/8" fluid lines from the donor vehicle, add an external cooler as well. Heat is what kills them.
Make sure your pinion angle is correct after then install, it tends to point down more in the rear due to the tunnel interference. May need to hammer some clearance on the tunnel.
I hope this helps, and good luck.