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Yeah I got a little too cocky once and ended up to my front headlight in mud at an angle, when I did gears this spring the fluid was a little dirty to say the least...
Good seals, and not with 100K miles on them.... and run the vent hose up just as high as you can get it.
Keep in mind, on our trucks, the trans vent is at the top of the pump housing, IN the bellhousing. Going into water deep enough to get the t/c wet, pretty much assures you that you are going to have water IN the trans.... never a good scene. (and a **** poor design for a 4x4.....)