This is a 722.323 tranny.
A little research on the transmission site Steve Brotherton provided shows the sensor I asked about, is infact the kickdown solenoid and is torqued to 14 ft/lbs.
'73 280SEL 4.5 (9/72)- RIP
Only 8,173 units built from 5/71 thru 11/72
'02 CLK320 Cabriolet - wifey's mid-life crisis
2012 VW Jetta Sportwagon TDI...at least its a diesel
Non illegitemae carborundum.