208/241's are fairly similar, 208 is like the older brother of the 241, pretty dang sure th400 is shorter than the 700r4, which would require crossmember relocation/driveshaft length mods . . . but i mean if your goin to ROCKdubs then u gotta mess with the driveshafts anyway.
I thought you already had a rebuilt 700? If not then yea do the swap 400 is stronger, and hang onto the 241 cause it will bolt in place of the 208 if you ever frag it.
*edit input splines on the tcase's are prob diff the 400 prob has 32 spline the 700 prob has 27