Everyone I know whose used the 100-400mm with a 1.4TC tends to say the same thing. Its 'ok' in a pinch but really not something they'd use that often. The problems are:
1) You lose auto focus on any camera body barring the 1D series. This is because the maximum aperture of the lens goes smaller than f5.6. Beyond that point AF shuts off; however newer bodies with liveview will still AF, but only in live view mode (with the much slower live-view AF sensors and with reduced light from the lens - thus not ideal)
2) Optical performance degrades - even though the 1.4TC is a weak degradation, the 100-400mm has already softened at the long end; softening it further pushes quality into a much more iffy zone - some are ok with it, most are not. Further you're starting at f8 now so stopping down again (ie one stop from the lenses wide open aperture blades) loses you yet more light - pushing you further from ideal settings for moving subjects.
3) Reduced light; as mentioned above you lose a stop of light with the 1.4TC which harms your chances for a fast shutter speed.
Note that you will retain IS; however as the lens is longer than the IS is set for it will reduce in performance.
As for other options, excluding older lenses you are pretty much left considering the big primes. 300mm f2.8 + 2*TC; 400mm f2.8 + 1.4TC; 500mm f4; Sigma 120-300mm f2.8 OS + 2*TC and other options
Note the 50-500mm and 150-500mm are often noted at being closer to around 450mm when measured at commonly used focusing distances.