The best replacement for 700r4 is 4l60e.

The best alternatives to 700r4 are rated as following:
★★★★★  4l60e
★★★★★  200r4
★★★★★  th350
★★★★  th400
★★★★  4l60
★★★  4l80e
★★★  2004r
★★  turbo 350
★★  turbo 400
★★  350 turbo
★★  t56
★  aod
★  gear vendors
★  th350 length
★  powerglide
★  sm465
★  400 turbo
★  350
★  4l60e transmission
★  400
  4l60 transmission
  200r4 transmission
  nv3500
  350 th
  4l80
  nv4500
  v8 700r4
  200 4r
  350 transmission

Your alternative for 700r4 is not listed? Suggest!
Speaking about 700r4, one probably shouldn't forget about np205.

Other search terms related to 700r4 and their ratings are:
★★★★★ np205
★★★ 3.73 gears
★★★ 4.11 gears
★★★ ls1
★★★ 4.10 gears
★★★ 5.3
★★ edelbrock carb
★★ 3.08 gears
★ turbo 350
★ 3.73
454
4.10
350
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Google Trends

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700r4
4l60e
200r4