The only thing I hear breaking on th400 and 4l80e on high horse and torque applications is the case. Adding an aluminum pan helps out. A TH400/4L80e can be built to handle 1400 HP. that's not far behind an Allison.
Nelson Racing engines put 4l80E's behind their 1,500 plus HP twin turbo engines.
TCI builds a 6 speed version of the 4L80 that handles 850 hp right out of the box. They didn't do any mods to the rotating assembly other then adding more clutches and modifying a planet assembly for a lower ratio in first. They doubles the over drive clutch pack from 3 to 6.
Chase