I recently purchased a 1983 300d with 230k miles on the odometer.  Several obvious issues existed with the vehicle that I would like to fix as soon as possible.  After spending quite a few hours reading and researching the issues I wanted to ask several questions before proceeding with repairs.
Transmission:
- seems to shift normally when accelerating, but clunks really hard when braking and coming to a stop and the transmission is working back to first gear
 
- believe this is from a vacuum issue, most likely the vacuum modulator
 
- checked vacuum (on the line above) with a hand pump and discovered the modulator leaks down (to zero) within 5 seconds
 
- can the modulator be removed from the transmission without removing the transmission?  Things seem really tight and I can not even tell how the modulator is mounted.
 
- I would like to remove the modulator (how much should this part cost?) to test and any help on describing the removal would be appreciated
 
- Is there a vacuum diagram available for a 1983 300d?
 
Torque converter:
- Please see the attached picture
 
- Is this window in the torque converter normal or is something broken?
 
Loose red wire:
- Please see picture
 
- There is a red wire with an inline fuse that enters the engine compartment through the firewall on the drivers side.
 
- Wire is not connected to anything and just hanging
 
- What is this wire for and where should it be connected?
 
Thanks in advance for helping out a new owner of a 123 300D!  I am excited to get this thing into daily driver shape.