jmoomaw
If I replace the pump valve noted above, will I waste my money if I need a new TC?..Is the labor cost prohibitive on this little fix?
My understanding to replace/repair the valve the transmission has to come out and the majority of the work is removing the transmission. When your that far it's simple to replace the torque converter too. You have several options on replacement torque converters. SunCoast seems to be the top contender with another close behind with a billet cover. Mine was covered under the extended warranty so I have the improved mopar unit designed for the newer more powerfull VM engine and it has not exhibited any bad habbits
Warp is talking about the valve being worn. That said mine shuddered the day I bought it new in 06 with 9 miles on the clock so I don't think it was a matter of ware. At 32k miles the dealer replaced the torque converter and front pump and found clutch material from the TC in my transmissionl pan
My vote is the torque converter. With a new torque converter you can unleash the power your engine originally had and make your towing experience much better. I suspect the detuned engine plays a vital part in the demise of the tc while towing with constant shifting up and down

If your going to the dealer for repair they most likely will replace the front pump that contains the valve with the redesigned pump and cover.