Here's the response form TransGo Product Support if anyone's interested.
Hi Lee,
Stage 1, stage 2 etc… are just marketing names created by people that like to sell stuff to those that don’t know much about transmissions. It has no actual technical value or meaning at all.
For your application, assuming the transmssion is original with a 1966 valve body we have either the SK 4®
https://transgo.com/product-details/sk-4/ for just mild shift improvements, or the full blown 45-1 Reprogramming Kit™
https://transgo.com/product-details/45-01/ for performance applications.
Lastly, before buying a kit, be sure to first identify your valve body by looking this info:
https://transgo.com/wp-content/uploads/2021/06/C4ID.pdf as many of those older units have been rebuilt many times before and back in the days guys would mix and match parts all the time to make them work.
Robert
TransGo El Monte, CA
Product Support M-F 8:00 AM to 4:00 PM PST : (626) 443-7451