Somewhere I read that it could actually cause damage to the transmission. I think because the pump isn't moving as much fluid, and the trans is still turning quite a bit internally. I imagine Dave could say for sure though.
__________________
GreenBastardPerformance2000 GTP Coupe (the green bastard)
XP, Pacesetters, LS1 TB & MAF,MSD System, P&P LIM, P&P GenV w/ 3.2, 3.0, 2.8, Devil'sOwn Injected 100% Methanol,PowerTuned, TripleEdge Trans w/3.29's
12.92 @ 105mph