I've heard of engine oil cooler bypass valves/thermostats but never on a trans. I'm not sure if it would ever get cold enough in NC to warrant fitting one.
Hopefully someone with more knowledge than I will chime in.
1950 Chevy Advance Design 3100 in Scotland In the Stovebolt Gallery More pix on Flickr. I've definately got this truck thing in my blood ... my DNA sequence has torque settings "Of all the small nations of this earth,perhaps only the ancient Greeks surpass the Scots in their contribution to mankind" Winston Churchill.