It's possible to convert it, but as mentioned, it's not exactly an inexpensive venture. Depending how cheap you could get the Z06 trans for, it might or might not be financially advisable. The benefit would be that you would have the double/triple syncro design which is usually preferred over the Fbody's single/double design.
Basically you would need to change the front plate, mainshaft, tailhousing and main shift rail. The input shaft would be usable. If it's a Z06 T56 from a C5, it would have the same gearing as the GTO's with a 2.97 first gear and wider gear spread between 1-4.
Mike
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