What's the reason for dropping the pan?
Are you changing the fluid and filter for maintenance? Or are you dropping the pan for another reason? If the transmission is working properly, I would just replace the filter and the few quarts of ATF you drain to drop the pan.
If you want to firm up the shifts, this would present an opportunity to add a shift kit. Otherwise, if it ain't broke... don't fix it
Andy
1994 K1500 Blazer: 6.5L TD/4L80E: 'F' intake: Kennedy chip: Kennedy 3.5" exhaust: Heath Turbo-Master: 2/0 battery cables: Lubrication Specialist oil cooler lines: Fumoto drain valve: Amsoil dual bypass remote oil filter kit: Fluidampr: 137k miles