I replaced the upper cable as well, speedometer is still bouncing. I need to crawl under the truck and try to drive the cable with a drill or something. I'll check the gears when I do as well. From what I can remember the gear on the cable is pink or a very faded red. I have no idea what the gear in the transfercase is, I still need to try and look.
I also had the start, run for a bit then die problem resurface.
I ended up jumpering the oil pressure switch and the problem seems to have gone away, but I've only started it twice since doing that. I haven't been able to find a direct replacement switch so I'm likely going to install a universal one.
Chris
1985 Ford F250 XLT SuperCab
ZF5-42 swapped 460 hot fuel, factory AC.
Part way through 4WD swap.
1988 Suzuki Samurai -- Daily Driver
1968 Dodge Dart -- Project car
1957 Chevy 4400 Flat Bed -- Collector Project