Jack,
from my experience, there is not really too much to go wrong with one of the hydro rear ends. If you cannot turn the wheels/axles, without depressing the dump valves, then it is holding pressure good. If you can depress the dump valves, and turn the wheels/axles, then the valves are working ok. If you open up the rear cover, and the hytran fluid looks fairly good, then I'd say your probably in good shape.
Other than that, the only way I could envision testing one would be to install it in a tractor. The biggest problem with testing would be getting the linkage and swash plate oriented the right direction. The original designer/installer of hydros in Cub Cadets immediately flipped the tractor over, because he had the shift linkage directly connected to a control lever, which gave him no wiggle room, and the hydro engaged the second he moved the lever. After that he designed the swash plate, which lets you move the linkage quite a bit before the hydro engages.
Just some info for thought.
Bill