Just my experience, in 1980, I bought a 70 R code Mach 1, that was originally a 4 speed, but a few years before I bought the car, the Toploader had been replaced with a correct 428CJ C6 transmission. The guy I bought the car from, had the C6 rebuilt in 1977, and when I bought the car, the trans worked perfectly, ATF was bright red, shifted great, it worked great. I drove the car maybe 2000 miles before I decided to a partial restoration (engine rebuild, bodywork and paint, and switch it back to a 4 speed.) My buddy was starting to build his "Pro Street" 67 Fairlane, with a 6.71 blown 427, and wanted my C6, so when he bought it, he removed the transmission oil pan, and it was virtually spotless inside, and the ATF looked like new. Fast forward several years, and he finally gets his Fairlane driveable, and within 50 miles, the trans starts slipping badly, and the ATF is getting dark. Pulls the pan off the C6, and it had about 1/2 inch of clutch material laying in the bottom of the pan, and when the trans was torn down, most of the clutch plates had no friction material left on them, just bare steel. Now, maybe clutch material has changed over the years, but it would certainly appear that in this case, that sitting for several years did cause a problem, as the pan was clean before he stored the transmission in his basement while building the car.