So guess it's safe to say at very least I'll need a torque converter, hopefully I dint need a whole new transmission I imagine labor for just dropping trans and inspecting it will he a pretty penny.
You will most certainly need a new transmission...No one is going to do any more inspection on that unit than you have already done by dropping the pan, at least not without completely overhauling it. So I'd pull it, throw it on the tear down bench and take it completely apart.
The unit will need a new TEHCM, possibly new valve body and new pump assembly in addition to the usual assortment of corrective parts and procedures. My guess is that it will actually be more cost effective to install an entirely new transmission from General Motors (3yr, 100k mile warranty) and comes ready to install, fill with fluid and go...No need to do any programming or fast adapt relearns - it's all done at the factory.
As mentioned in my other post, I'd strongly recommend you replace your radiator as it will take a month of Sunday's worth of flushing to get all that fine metal contaminant out of the system completely. Flush your lines as well. Torque converter failure like that is generally catastrophic in that it consumes numerous hard parts and requires replacement of the entire system, not just the transmission and converter.
Sorry if I am not being clear but it seems as though you're under the impression this is a relatively minor, easily repairable situation...More than likely, it's not (consider yourself extraordinarily lucky if you can avoid rebuilding or replacing the transmission).
