Well wait... it could still be electrical in nature, or it could be the va;ve body needs to be rebuilt. I try and exhaust every possibility before I remove a trannie. If you do those things and still have the problem, then you are faced with removing the trannie and inspecting the OD section - which, good news, is the first thign inside once you remove the pump.
Continue to drive? Hmmm if the problem IS electrical or VB, sure go ahead. If the OD inside is trashed, you may be contaminating the rest of the trannie.
Me, I'd investigate the electrical and rebuild the VB.... if that didn't work THEN I'd drop the trannie. Hmmm now, assuming we have the trannie out... rebuild everything or just fix the OD? Your call.