Thanks all but now I'm more confused than I was before!
I think I'll do the 3:41 (3:42) Anyways I'll avoid the sliderule and pocket calculator for now....
BTW the truck is gonna have a '56 Muncie 3 speed set up for the original three-on-the-tree. That'll match the '56 235 under the hood which replaced a '42 216 some misguided soul put in to replace the original 54 235. A lot of bad happens in 50 years.
If anyone is interested I will soon have available a completely rebuilt 54 Muncie 3 speed (with brand new speedo drive gears, really hard to find!) brand new torque tube U-joint assembly including ball housing and a very good running torque tube rear end with a new Okie bushing, comepletely serviced brakes and new axle seals. My loss is your gain.