I have a similar problem on my 2001 V70. A mechanic who knows transmissions also recommended trying a friction modifier before replacing the tranny, he mentioned ATP Products sells a good one. Anyone here tried one of these modifiers? My tranny shifts fine when cold and cool, but when hot it delays ...

I'd say a bit, well, underwhelming, to me. Front looks nicer, cleaner than the P2 cars, the rear though is even uglier, dash is uglier, although perhaps more functional (space efficient). I'll stick with my 2001 V70.

brown and a bit burnt smelling?

Flush it....use only the JWS3309 compliant ATF- Volvo's or Mobil's