I have issues with reverse being slow to engage, but it has always been that way,
and I got the truck new, the hanging in 1 to 2 shift is valve body related, I had
an issue where after a freeway drive, no mater how long, when I would accelerate
after a stop, the trans would do a neutral drop kind of thing. I changed the fluid and
added a Slick50 Auto Trans treatment and it never did that again, don't know if it
was the fluid change or the additive.
The trans is a GM TH180a and parts are available for it, I would start with a fluid change,
but be prepared to drop the valve body after that if it doesn't get better or even gets
worse. The new fluid can dislodge old crud in the trans and make things worse.
Wild