WOWOWOWOWOW!
OK, just let me say that swapping out my rear end is the single best performance upgrade I've done thus far.
I can also confirm that my car actually did have a 2.75 rear end. I counted the teeth... 44/16 = 2.75.
So, my torque converter must have still been "slipping" at highway speeds, because all indications pointed to a 3.25 gear set.
Let me also say that going to a 3.89 would have been a mistake if I had not upgraded to an overdrive tranny.
With my 2.75, I was getting really low RPMs at cruising speeds, and a reluctance to downshift. But now with the more agressive gear set in the rear, the car behaves like a freakin' beast. I absolutley LOVE the way the drivetrain works together now. All this time, I had it in my head that the existing gears were 3.25, and therefore, was expecting a moderate improvement. BUT DAMN!!!!! going from a 2.75 to a 3.89 is AMAZING! Very streetable... and quite a sleeper now
So, in summary: Wide ratio AOD + 3.89 Trac-Lock = Friggin' AWESOME, even with a EPA neutered 1973 351 2V.
Don expressed some initial concerns, that going with a wide ratio AOD and a 3.89 gear set might be a little too agressive for a street cruiser. I'm happy with it, although. I probably would have been just fine stopping at 3.70 or maybe even 3.5.
Now, off to modify my 10-best performance upgrades in Ken's thread.