The yoke on a TH200/250/350 is the same as on a 700R4/4L60. A 4WD tran has no tailhousing- there is an adapter that bolts in between the trans and transfer case. The mainshaft is different, and the olny way to use one in a 2WD format is to rebuild the whole trans around the correct mainshaft and tailhousing.
The TH350 came in 3 tailhousing lengths, 3", 6", and 9". I think I had a long tailhousing 350 from the donor 76
Impala that provided my 400SBC. I had the driveshaft shortened 3", and when I eventually burned it up, a 700-R4 dropped and matched perfectly. So, yeah, cut 3". Preferably from the rear if you have any doubts about your welding skills. Better a tail-drag than a pogo-stick. Mark the tube and yoke so you reweld them in exactly the same orientation to maintain the balance. Better yet, get a professional shop to do it...