You might want to ask datzenmike over at ratsun.net. He seems to be know alot about Jatco automatics.
Used automatics are sometimes free or very low priced but sometimes its a crap shoot. But they
do seem to last forever if treated well. I bought one off ebay for cheap. The shipping costed more than
it did.
You could use this opportunity to upgrade to a later zx auto with lockup torque converter or a turbo zx automatic
that has slightly different gear ratios and added clutch discs for higher performance.
Replacing that part no doubt will be quite a chore/adventure but if you want to learn then i say go for it.
If it were me, I would get an extra trans just in case something goes wrong.
check out this video on tearing down a ford c4 which is very similar to the jatco. Its not for the faint of heart
https://www.youtube.com/watch?v=KU0yyHJTZWg
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