Magnum turbo setups!

46re from same truck ^ or I have a SB 727 as well
..
R46re is a pcm/trans controlled transmission, The older 518 46rh, use a governor /tv cable like a 727 for shifting.
When you start throwing big power , you need to upgrade with 48re hard parts , better alto red clutches, better bands, etc. You can throw some big money into one.
I would contact someone that knows the 46re vs the 727 and can answer your question as to what to meet your goals.
Contact :
http://www.aandatrans.com/

Rick the owner can direct you in the right direction. He knows his *hit

http://www.moparmax.com/features/2012/vii_7-aatrans-1.html