The O/D units, transmissions w/OD attached are without a doubt one of the slickest options ever added to a automobile, light truck.. As I recall the units that Ford used were Borg/Warner.. Could not swear to that though..
OK now the nuts and bolts of how they work:
As a general rule an OD equipped vehicle will have a slightly lower rear end gear ratio as compared to the normal gearing.. i.e. my '59 Ford F100 w/OD had 3.89 ratio in lieu of the standard 3.73..
The OD transmissions have a free wheeling feature, that allows the driver to shift without the use of the clutch at speeds below about 35.. The one disadvantage to the free wheeling feature is that when the throttle is released at low speeds the engine does not, can not, assist with slowing the vehicle down...
Reading the owners manual on an OD equipped vehicle will reveal that the OD unit should be manually disengaged, via a lever mounted to the bottom edge of the dash, when traveling in mountainous terrain. Of course this is also true of the modern OD equipped vehicles... I know... It is not cool to read the Owners Manual before operating a vehicle..
I have had a lot of experience with vehicles that had the trans OD.. I found them to be very reliable.. Ford was late in embracing the trans OD's, Chrysler, Studebaker, and several other manufactures came out with OD units in the late '30's..
If you are thinking about converting a vehicle to an OD, it is best to find a unit that is already in a vehicle, that way you can get all of the linkage, etc. required to install the unit..
The OD's found in the Ford cars, '49 and later are generally the same as the units used in the F-1/F100 pickups...
In 1955 a friend and I installed a '55 Merc Y-Block in his '40 Ford coupe. We put an OD trans from a Merc behind the Y-Block using the banjo center section from a Ford pickup.. That was a really nice '40.. It was great on the highway... "Hot Rod Magazine" did a full page article on the car in 1955...