Y2chuck, that sure didn't sound like a good experience! Mine was a hand-me-down, bought cheap from my dad, which he got when new. It was an '88, and I got it when I was 17, used it to go to high school and work. At that point, it was already on the 4th tranny (2 rebuilds under warranty: 1st at about 70,000 kms, then again 2 weeks later; out of warranty around 150,000).
By the time I was taking it to university, it started to fall apart more - daily climb up the SFU hill sure helped kill it. Cooling pump failed, and the resulting temperature increase I think fried the tranny yet again. No rebuild this time, instead, it coud still be driven by shifting it manually. Then my brother got it dirt cheap from me to go to high school, and it finally died in front of our driveway one day when the engine seized up.