I made that change in my 52 1 ton and it was great for around here where we have hills. If you gear it too fast you loose the ability to haul lots of weight with a small engine, or even just the truck empty if geared real fast and you have good hills to climb.
On the flat I could easily travel 50-55 mph for hours and hours with a 55 model 235 and 4.56 gears, made an 8,000 mile trip in 28 days counting stops.
Grigg