He probly said that cuz he does trannies too, and would make more off the tranny. BUT, just putting an Overdrive tranny in would benefit 2 ways, the 700R4 has a lower first gear, which would give you better take off, and the od will help at speed, and give you an effective 30% reduction in rear gear. So with OD, your 3.55 is effectively 2.49 rear gears in OD, It might not work for towing, but would be great for just a driver. This post has some info in it too
700r4 It should give you about 2100 rpm cruising.