Not quite. The first time I was heading north on I-95 stuck behind a truck in South Carolina in my Marauder with 444 HP coming home after putting the centrifugal blower on it. I just passed the 100 mile break in period on the blower and decided to open the car up, I step out in to the left lane doing 55 and floor it at 1750RPM, car down shifts out of OD to 2500RPM and starts to gain speed, this is a 4500 pound car, blower has not even come on yet and then the shift back into OD at 75 MPH as I back off and move into the right lane AND nothing....nada, no go just coasting, car is on but no connection to the rear gear. I pull over and check out everything and I only have 2 gear left. It's Friday night, sunset, middle of Carolina low country. I limp it to the the first exit middle of no where looking for a phone (old days), banjoes are starting to play. As I limp around slowly the local indigenous tribesmen keep scattering, I can find no one for answers. I pull over to look at a map, studying I am not paying attention when Sheriff Bubba pulls up and says "What the hell are the Feds doing in his Parrish driving around scaring everyone"?
I get a LONG tow home. Take the car to a nationally famous trans builder who just happens to be local to me and 5 days later get the car back with a blown rear end. He says the rear was like that when he got the car. I ask him where all the new burnout and donut marks came from in front of his shop came from? Asshole.
So the long story short- the Ford OD diode is held in place with a strong snap ring and they hold up in lighter cars under power when hitting OD on a looong pull but they can also pop out of the groove too easily so the right fix is to not listen to all the BS from Ford, experts, the internet bench racers, instead listen to your dog when he looks at you with the "REALLY??" look.
The next times it broke were at the track under max power and was the least of my carnage, but that is a different story...