There was some earlier talk about the tow/haul button. I tried it out with a small load last week in the rockies.
First, It does NOT lock out the OD in any way. The manual claims that there is a grade braking feature built in and that means a 4-3 downshift under steady braking. I had an Allison in my last truck and if this is grade braking, it is pretty pathetic. It happens in a totally unpredictable manner and is really of no use at all to slow the truck. An OD lock out sure would be nice.
Tow/haul going up the hill actually works pretty well. The main advantage I found was that it locks the convertor in third MUCH earlier and you can really feel the difference. Lock-up comes much sooner in both third and fourth, I really liked it for climbing hills with a load.
This is on my '05