Balancing is much less difficult with a fixed hull (non-turreted) mount. The hull winds up front-heavy, but you don't have the problem of the turret swinging to point downhill every time you drive on a side-slope.
The M10 TD was originally armed with a 3-inch M1918 gun. It was later upgraded to carry a 90mm M1 gun (the M36 TD). Same hull, same turret ring. The only reason the M36 got a new turret was because, well, the M10 turret had always been a bit of a problem anyways (it went through 3 iterations in production), and if you're going to pull the old ones off to put in a new gun, why not just finally fix all the turret issues too?
As mentioned, the M40 TD was also originally developed with a 3-inch M1918 gun (sorry, not a 76mm gun) in a fixed mounting on an M3 medium tank hull. If the M10 could be upgraded from a 3-inch to a 90mm, I expect the M40 could have too. Why not? Sure, maybe it would have needed some minor mods
most upgrades do. But it should have worked.
The question is, why? The 3-inch gun in the M10 was a Tiger killer according to the boys in Ordnance. All the test data and specs indicated it could handle a Tiger frontally without difficulty.
There was no evidence from the fighting in Tunisia or Sicily that this idea was faulty. Probably because M10s did not have much opportunity to engage Tigers. So why would 90mm armed M40s have been any different?
Once the US got ashore in Normandy that all changed, and it was discovered that the 3-inch gun could NOT handle a Tiger frontally, much less a Tiger 2! But within a month of that conclusion being reached, the first M36s were issued to units in ETO.
So a 90mm armed M40 might have eventually become salve to the bruised egos of modern US-centric wargamers, but they would not have mattered one lick in WW2.
-Mark
(aka: Mk 1)