Just for grins, take the fan off and make a highway run. I believe you'll figure out pretty quickly where the noise is coming from. Unless you're running ridiculously low profile tires, the 3.55 rear end you've got already is just about ideal. There's nothing whatsoever wrong with letting a 235, or even a 216 wind up where it's designed to run, as long as the bottom end of the engine and the oil pump is in good condition.
Jerry