Actually Trubble, a Big tire, Heads Up car with a powerglide, at least one that's competitive, is VERY rare. The most common setup I've seen is a Lenco or a Liberty 5 speed. I could show you literally hundreds of cars that run either one of those trannys, and probably about 5 that run 'glides. In the last 5 years there have been 2 competitive Pro 5.0 cars to use a Powerglide : Joe Morgan and Derrick Smith.
Trav- The difference is this. With an auto, you have a converter, and a shifter cable. This means that A. you can leave of a transbrake, B. You make make the motions for the shift, or engage the next notch on the shifter yourself, but the tranny is still doing the shifting. That' whay it's still an automatic transmission, it's just one with a manual valvebody, meaning it won't shift the gears all by itself. With a clutchless manual, you launch with a clutch, just like you would in a street car, and the shiter is connected to the gears via a mechanical linkage, just like a normal manual. This means when you change the gears, you are actually disengaging and engaging the next gear yourself, no middle man. The other difference is that with a torque converter, there is slippage, meaning that the drivetrain is never 100% engaged, the converter is slipping a small amount all the way down the track. With a manual tranny, the clutch engages 100%, meaning (ideally) no slippage.
You can combine these two types of tranny's though. Bruno makes a kit that mates a Lenco Manual trans with a torque converter, this mean quicker shifts and the durability of a Lenco, plus the consistency of a torque converter. Donny Walsh (NMRA Pro 5.0 racer) has run one of these combos for YEARS.
And trubble, I'm trying to find one that's faster. Like everyone else has said, I know of much faster vert SN's, but none are N/A