Ok i figure this might help someone with a 700r4 thats spewing Trans fluid from the front seal.
From what i found on my Trans was that the Front Pump Bushing walked forward up against the seal that the Torque Converter shaft rides on. When the Bushing seats against the seal it blocks the Drain back hole that is in between the Bushing and Seal. When the Drain back is blocked the fluid has nowhere else to go but out the front seal and onto the floor.
To fix it u must remove the trans, remove the Torque Converter, Then remove the pan, Remove the Shift Solenoid and then the Front Pump. Seperate the Pump from the Support, and remove the Bushing from the Pump. Be careful when removing the Pump, the Pump vanes will fall out so u must be aware of how everything came apart so u can re-assemble it correctly. Install the new Bushing with some Locktite between the Bushing and the Bushing seat. Then reassemble. Always use new seals and Gaskets when re-assembling a tranny. It helps to use trans fluid to lubricate the O-ring around the Front Pump.
Apparently this is a common problem on 700r4 Trannies so if it helps someone i did my Job. Of course if you run into this problem with your Trans let me know i am more than willing to help out when i can.