833OD bellhousing?
Yes, it can work.
There is a shop near my work that uses those bellhousings all the time with the 4.160" bolt center cases that use the 4.807" and 5.125" bearing retainers.
You can't use a 4.354" bearing retainer, because of the 4.160" bolt center pattern.
If you look closely at the bell, you can't open it up to a 5.125" before invading the clutch fork pivot bolt holes that are next to it.
The thing to do is to machine the bearing retainer to the 4.807" size if that isn't the size that is already on the trans.
Measure the thickness of the tallest area from the front milled surface of the transmission case, where the bearing retainer surface mounts to, to the front of the bearing retainer, somewhere near the outer 3/16" of the flange.
This measurement, + .030" will become your depth to cut the bellhousing open to 4.807". You can cut the bellhousing to 4.807", if you do not go all the way through. By doing this, it will allow you to keep the 4.354" clutch fork pivot location and parts, because it does not get too close to the portion of the threading that the fork pivot bolts actually go into.
Hope this helps.