I mostly agree with the above post.
the 4L60E was the 4L60 which was the 700R4 before that. GM has been putting the 700R4/4L60/4L60E in all 1/2 ton and lighter trucks, vans, SUV's, and cars with rear wheel drive since the early 80's. There are literally millions of them in service. It is the only auto tranny in all light duty, 1/2 ton trucks, vans, SUV's and cars GM uses. Teh only changes to the tranny over the past 3 decades is how the tranny is controlled. 700R4 and 4L60 are controlled by a trottle valve cable. GM then switched to a electronic control and thus the 4L60E tranny. The guts of the tranny is the same, just the valve body changed in teh past 30 years. I litterally took my clutch packs with 105,000 miles on them from my '00 S10 Blazer 4.3 L V6 4L60E tranny and dropped them into my '87 S10-Blazer 700R4 that bolts up to a 60 degree 2putt8 engine. 3 years later and it still runs fine. The 700R4/4L60/4L60e also has one of the best gear ratios too. 3.06 for first gear and .70 for 4th gear. Plus the torque converter locks up and your saving a huge amount of gas. Check out the Jeep and other light truck forums, they are dropping GM V8 and GM V6 (4.3) into thier trucks and backing them with the 700R4/4L60/4L60E. They are extremely popular and functional. Not too mention every tranny shop in America can rebuild one, and there are hundreds of upgrades to make them stronger, faster, firmer, and more reliable. They can be built to handle 450 foot pounds of torque.
Like posted above, most fialures are due to owner neglect. I agree witht eh 30,000 mile fluid change. However I disagree witht eh pan drop and new filter. No need for it. the only thing the filter filters is tranny parts. If you have tranny parts plugging up your filter, a fluid/filter change wont fix the problem. the damage is done, the clutch packs are toast, and its time for a rebuild.
The number one reason auto tranny's fail is due to heat. Change the fluid in the pan once per year and top off. Install a auxilary tranny cooler with a temp gaage and keep an eye on your tranny temp. To drian the pan, install a drain plug. Kits are like $10, plus the cost of a pan gasket. It makes more economical sense to buy the filter kit for $15, it comes witht he gasket and your already there.
Now, as for the original question. Which is better auto or manual?
that is strickly up to you. Daily driving in the city, that auto sure is nice. 4 Wheeling, that auto sure is nice. Howver I feel you get better gas mileage with a manual tranny, and it has the cool factor. My next Blazer will be a stick. Don't get me wrong, my autos work great and serve thier purpose well. Its just that I have been driving the Cavalier with a stick back and forth to work recently made me realize how much I missed have a manual tranny. Plus my brakes last a lot longer with a stick over a auto.