My '82 GMC K2500 has pretty high gearing,I don't know the exact ratio,never had the diff cover off it,but going by my experience with other trucks that had 3:08 gears I'd guess it has either 3:23 or 3:42 ratio gears,it can hit 60 in second (TH400) before it hits the governor and upshifts into third..
It is no ball of fire taking off from a dead stop on a steep hill,it feels like a straight six,but it'll eventually get up to 35 mph or so in a reasonable distance..it certainly does not feel like a 379 cubic inch V8 !..but it'll go 80+ mph on the highway in third if it has too..just takes longer to get it up there compared to a 350 or larger gas engine would..
The 6.2 is about equal to a 2bbl 305 as far as torque and HP,and the truck weighs over 6200 lbs empty--you cant expect blazing performance with a 140 HP engine with 240 ft/lbs of torque..
A K5 might weigh less,but not that much..
Most of the diesel trucks came factory with high gearing to increase fuel economy,and the fact the diesel tops out at 3600 rpms before the governor holds it from revving any higher..the military ones had 4:56's to increase low end power and the fact they usually aren't needing to go highway speeds over 55 mph or so..
If you were stuck in 4 lo,the thing would take off like a dragster and top out around 45 mph..
Also my truck has 245/75-16" tires ,I noticed a pretty large drop in power and hill climbing ability when I put 265/75-16's on it...37" tires would really bog it down I bet,I would try putting "stock" diameter tires on your truck and see how you like it before going too crazy changing gearing or transmissions..