I would just use replacement hose assemblies -- I would not go cutting crimps and all that hassle. They are o-ring sealed in the boss of the trans / radiator at each end.
The plastic ring at the end of the hard line has slots in it where the retainer clip locks the tip of the hard line into place. If you have to, you can use a little pick and maybe some needle nose pliers to get the retainer clip backed out, but I prefer to use the quick release tools for these lines. You put it over the tube and push in toward the boss. It has tiny little teeth that push the clip back to allow the tube to be pulled out.
A kit that covers all GM lines only costs about 20 bucks and is available at teh same place you will get the new hose assemblies.
Here's a link :
http://www.tooltopia.com/otc-tools-6611.aspx