I didn't realize that the 2nd gear in a 4 speed was lower (higher ratio) than 1st gear in a 3 speed. That is what makes what you have very usable. Good find!
I had a 3.08 with a 3 speed and it was a total slug in first gear.
Carl


1952 5-window - return to "as built" condition | 1950 3100 with a 235 and a T-5 transmission