Aluminum Powerglide came out in '62, and has a rear pump until 1966, I think '67 models the pump was removed IIRC. Corvair Powerglide retained the rear pump thru 1969. The 1969 THM 350 and 1982 THM 700 R4 and current 4L60(E) transmissions are all direct descendants of the Corvair Powerglide/Aluminum Powerglide. If you examine the layout of the THM 350 you'll discover its easily adapted to a rear engine layout, which the THM 400 for example is not.
Regarding towing, it shouldnt be harmful if your car has a rear pump, but check fluid regularly. This can be established by testing pressures or attempting to push start the car, coasting at 20 MPH or so with the engine stopped selecting L should engage the transmission if a rear pump is present, and kick the engine over.
The GSA specified 1966 cars would need to have a reduction range availible (sans inhibitor) at any speed for engine braking, to have any prospect of a Federal Govt fleet purchase and this is mostly what spelt the end of the 2 speed transmission I suspect. Powerglide was a pretty nice transmission, I especially liked it in the little Corvair.
Brent Covey
Vancouver BC