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I did this swap into my 63 Galaxie 4 door and stuck with the 4R70W. I had to build my own mounts, log headers and flipped the oil pan. I started on the wiring but had to sell it all due to military moving me too much.
Now I have the same setup in my 63 Fairlane. For the VCRM, you will not find a replacement so I'd suggest to you what everyone did for me and that's to use relays for each item. The fan 2 speed loss is the only downfall to that. I was told the VCRM goes out in one spot and you try to hunt the problem down and then when you do finally get to it, you can't get another. I ran a 75amp relay for the fan with an adjustable thermostat sensor and have relays for the fuel pump and the EEC. Pretty simple actually. FYI, wire a relay in for your headlights rather than pull their power through the factory 64 headlight switch. You'll be amazed at the difference.
Good luck with it. Wish I finished mine. Now I'm almost ready to fire the Fairlane. Keeping this one!