From http://www.idmsvcs.com/2vmod/tranny/modelnumbers/crownvic/index.html the difference between the 4r70w and 4r75w is as follows:

New style shifter linkage
New style shift quadrant
New planetary gear ratios
New style valve body casting
New smaller diameter tailshaft housing bushing
New higher impedance tcc solenoid
New style bulkhead connector
New style MLPS sensor

The planetary ring gear was revised starting in the 2004 model year. The appearance difference is subtle, but the oss sensor will send incorrect data to the pcm if one of these transmission assemblies is installed into an earlier vehicle.

The front pump assembly also was revised and the intermediate clutch now utilizes a wave plate.
More information can be found here, wikipedia
To swap the 4r75w into a 300a you must get your car tuned.
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