IMO (not a professional trans expert) I think you should be fine once you soak them, on the AODE that i rebuilt i had a little bit more clearance than the specs said and it worked out. Just make sure that if you have a belleville clutch to put it in the right direction inside the drum.
Silver 96 T-bird
Major Mods: Stage II PI head swap w/Stage II cams, Kooks headers, 2.5" exhaust with borla xr1, 9.5" Converter 3800 stall, Aluminum rear 3:73 gears, lots of suspension and bolt ons. 13" Cobra brakes, ss lines, lowered 1.6" on staggered saleens
Tim Barth tuned at MPH 274rwhp/298rwtq on 93
Compiling parts for Vortech build
95 SC 5 speed: bone stock for now