Changing the content of this post for this reply only, I am reading that it may be easier to upgrade my MII than the Chevy G30, which wasn't my original intention and that the 4R70W will need the electronic controller?There are computer "kits" for the more popular transmission retrofit swaps. Usually from $500-750 for a standalone module, wiring harness, and various bits to make it work. Once again, the 4L80E kit for this application runs about $500.
Though Rolls and even a couple of mid-1990's Jaguars used 4L80E's, this doesn't mean one will bolt to the back of your engine. They don't have swappable bellhousings. The bellhousing part that bolts to the engine is the actual case. I know they made a few different cases for them. Now whether they made some specially for the RR and Jaguar applications or they were a standard Chevy configuration I frankly do not know. Not so many of those cars over here. Ideally you'd want one from behind a 5.7 Chevy/GMC truck or van.
I've not seen one in a Ford. You could do that but it involves cutting the bellhousing part off the case and machining bolts holes to attach a custom bellhousing. Such bellhousings run $500 each. No idea what the case machining would cost.
You have a Mustang II? Best fit for adding overdrive to one of those is to swap to a 5 speed. Reason being that the automatics are a bit large and the car is small. Manual transmissions tend to be slim and trim. The go-to automatic overdrives for those are the AOD or the 4R70W. I haven't done one myself on a '74-78 car (my Mustangs are older and newer) but I understand you have to modify the transmission tunnel a bit (big hammer) and trim off some non-essential protrusions on the transmission case. And it will still be a very tight fit.
I like AOD's for being more simple and not requiring a controller kit but for the trouble I suspect you might have to go to anyway I recommend spending a bit more for a 4R70W setup. Depending on what you can actually find, of course. No way you'd ever recover the money it would cost with the gas savings in a car. But when you are on the highway and it drops down into overdrive at about 50 mph it sure is sweet. I'm addicted to overdrive and want it in everything nowadays. Manual or automatic. I bought a VW Caddy years ago (driving it today as it happens) and one of the first things I did was source a five speed from a Golf to swap into it.