I've tried out my valve body now and I have to say that I think I would hate it if my car were a DD. My car is very seldom driven on the street, so it's a good choice for me.
PA makes a street/strip valve body for C4/C6/AOD that manually holds 1st and 2nd, but still allows automatic shifting in drive. I have no idea if something like this exists for a 4r70w, but it sounds like it might be an option if you can find a company that makes one.