I did both, cut the hose off and used transmission cooler line + clamps to fix it and then replaced it once the new lines arrived.
Here's what I discovered, the old leaky lines are 3/8" on 5/16 tubing with no barbs to hold the hose, it relies 100% on the factory crimped clamp. with the hose too big for the fitting it won't seal. when I cut the crimp off the line slid off without any effort.
I bought new 3/8 line just to test and it did the same thing as factory - slid on and off the fitting with no effort.
I bought some Hayden 11/32 hose, and had to cut the steel lines just before the flair then ran the hose at least 3-4 inches and put clamps on it. it stopped the leak but looked like shit.
the best price I found for factory lines is from stevewhiteparts.com.
the new lines still use 3/8" hose but they've put a flare on the end of the steel line so the hose fits tighter and crimps better, time will tell if it'll leak again.
putting them in took me just over an hour. the line are on with quick disconnect clips held on by spring clips. when you remove the clips pay attention which way they came off, you'll need to install them the same way to get the plastic retainer cap to fit.
if you raise the driver side (front and rear) so it leans to passenger side you won't lose as much transmission fluid. have something to catch the leaking fluid from the transmission fittings.
remove all the clips then slide the whole assembly to the rear to get the front of the lines clear of the suspension - pay attention which way they are routed over the drag link and track bar!
once the front is clear of the suspension slide it all the way forward and you can twist the rear fittings to slide out.
reverse to install, get the rear line in place , do not connect them as you need to slide them back to work the front of the lines into place.
Once the lines are in place install the clips and snap the caps on.
check your trans fluid level and add fluid to replace what came out.
Good lick :thumb: